Sales & Redemption Data

Hong Kong retail gross sales exceeded gross redemptions in June, reaching US$10.4B and US$9.5B, respectively. This ended a two-month streak of negative net sales, resulting in net inflows of US$865M for the month.

Bonds continued to record the largest net outflows, at US$1.4B, while Money Market outflows totalled US$135M. Mixed Assets led positive net sales with US$1.8B, and Equities returned to positive territory with US$635M. The prior month’s top three categories retained their net sales rankings: Mixed Assets Global (US$998M), Equities Global (US$368M), and Mixed Assets North America (US$359M).

Bond categories accounted for the three largest redemptions. Bonds Global recorded the largest June net outflow at US$839M, followed by Bonds North America (US$311M) and Bonds Asia Pacific (US$146M).