Hong Kong fund industry witnesses net outflows for two consecutive months

14 December 2011 | 2 minutes read

Hong Kong Investment Funds Association has stated that the fund industry has witnessed net outflows for two consecutive months.  It elaborates that in the first ten months 2011, the fund industry registered gross and net sales of US$ 33,738 million and US$ 5,833 million respectively. Compared with the corresponding period last year, gross and net sales went up by 46.2%…

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