ChinaÆs fund managers may get some nasty surprises once the newly approved stock index futures market finally kicks off. The main worries are a lack of expertise and limited investment in risk management.
Data from Lipper and Credit Suisse shows October and November have not been kind to the hedge-fund world, but annualised performance figures should be good enough.
Investors are now paying close attention to Malaysian corporate earnings as mutual funds in the country post further gains, according to data provider Lipper.
Equity funds were the best performers in July, but commodities funds recorded a loss, according to Lipper.
Investors remain invested in mutual funds sold in Thailand for fear of losing out on any further market gains, says Lipper.
Performance numbers are likely to slide, however, as August turns out to be a challenging month for mainland equities.
Compulsory registration and licensing will be required for fund advisory and rating providers. But a few innocent bystanders are likely to be affected.
Long-only funds outperform while event-driven funds lag, according to Lipper data.
Bond funds are still outperforming, posting an average gain of 0.87% in June, according to Lipper data.
Lipper data shows China equity funds have gained 50.67% in the first half of 2009.
Lipper analyst Xav Feng warns investors not to get carried away by recent gains.
Emerging market portfolios were the top performing equity funds in Thailand last month.