Sales & Redemption Data

Hong Kong retail gross sales continued to outpace gross redemptions in April, reaching US$10.6B and US$9.7B, respectively, resulting in net sales of US$941M.

Mixed Assets remained the strongest asset class, generating net sales of US$999M. Equity and Money Market funds recorded modest net inflows of US$31M and US$20M, respectively, while Bonds continued to experience outflows, with net sales of -US$117M.

At the category level, Mixed Assets Global led net sales with US$709M, followed by Equities Global and Mixed Assets Asia Pacific, which attracted US$190M and US$148M, respectively.

Bonds North America remained the most redeemed category for the fourth consecutive month, posting net sales of -US$148M. This was followed by Equities Sectors & Themes ex-Asia Pacific and Bonds Asia Pacific, with net sales of -US$82M and -US$39M, respectively.