25 APRIL 2019 – The winners of the Hong Kong Lipper Fund Awards from Refinitiv were revealed today. This year, a total of 139 awards were given out, including 133 for individual classification awards, 89 for HK mutual funds universe, 44 for HK pension funds universe as well as 6 group awards. Amongst the HK mutual funds universe, 34 were given for three-year period, 32 for five-year period, and 23 for ten-year period. For HK pension funds, 17 were given for three-year period, 18 for five-year period and 9 for ten-year period.
The full list of Group Award winners follows below:
|MFS||Best Bond Fund Group|
|Schroders||Best Equity Fund Group|
|BOCI-Prudential||Best Overall MPF Group|
|BOCI-Prudential||Best MPF Bond Group|
|China Life||Best MPF Equity Group|
|Bank of East Asia||Best MPF Mixed Assets Group|
The influential and prestigious Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return (please click here to see the full list of winners).
Xav Feng, Head of Asia Pacific Research, Lipper, commented, “A $532 billion net inflow surged into global fund markets in 2018, and money market funds posted the largest net inflows of $237 billon while bond funds posted a slight net outflow. The US continued enjoying the largest net inflows of $236 billion while Europe posted slightly less net inflows of $1.5 billion for 2018. Following the first quarter’s rally that marked the U.S. stock market’s best quarterly performance in nearly a decade, investors re-gained their confidence and re-invested in risky asset allocation. However, investors should continue watching out for those key issues in the market including U.S. Fed’s monetary policy, Brexit, US-China trade war, upcoming trade negotiations between the US and EU, as well as Japan-US talks.”
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About the Lipper Fund Awards from Refinitiv
For more than three decades and in over 20 countries worldwide, the Lipper Fund Awards from Refinitiv have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. For more information, please visit http://www.lipperfundawards.com/
Notes to Editors
The Lipper Fund Awards from Refinitiv do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision on the basis of this information. Lipper Fund Awards designations are for informational purposes only. Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Lipper. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.