Sales & Redemption Data

Hong Kong Retail gross sales remained elevated in February, recording US$11.5B for the month while gross redemptions decreased to US$8.7B, translating to net sales of US$2.8B. Mixed Assets and Equity continued to lead the asset class net sales at US$2.1B and US$787M respectively, with Money Market moving back into positive territory on net sales of US$139M. Bonds were in redemption on net sales of -US$140M.

At a category level, Mixed Assets Global and Equities Asia Pacific continued to lead the net sales at US$1.5B and US$433M respectively, with Mixed Assets Asia Pacific moving up a position to third place on net sales of US$402M.

Bond categories accounted for 4 of the 5 highest redeeming categories for the month, led by Bonds North America on net sales of -US$371M.