Switching Hong Kongers on to mutual funds

Sam Ip, head of Bank of East Asia''s unit trust agency department, explains why mutual fund uptake should grow.

Retail investors in Hong Kong tend to invest over very short periods of time and focus on investing in the stock markets, paying attention to price changes in order to make a profit. It is difficult to change their perceptions to view long-term investment as anything over three months - even with funds, investors tend to check the prices of mutual funds on a daily basis on the fund-houses' websites or in the newspaper.

As a result they have...

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