143 MSCI China Equity funds, AUM $39bn MSCI China Funds: Performance & Attribution Review, Q1 2024 Summary • Tough start to 2024, but Active Funds match Benchmark: Average returns of -2.53% lag the iShares MSCI China ETF by -0.05%, with 47.8% of funds outperforming. • Value beats Growth: Value beats Growth on average, but best performers are from the …
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125 MSCI China active equity funds, AUM $38bn MSCI China Funds: Stock Radar Summary In this report, we identify eight stocks that are currently positioned at the extreme ends of their historical position ranges, or have experienced significant shifts in fund ownership in recent months. Extreme Stocks in Focus – Contemporary Amperex Technology Co., Ltd. Class A– Sungrow Power Supply …
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146 China Equity Funds, AUM $46bn China Macro: Sector Positioning Update Industrials and Consumer Staples remain top overweights, though sentiment fragile for both. Energy sector shows signs of a turnaround from long-term decline, whilst Financials remain unloved by China investors. Real Estate allocations have hit record lows, with average holdings at just 2.93%, while Consumer Discretionary sector approaches all-time highs. …
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149 Active MSCI China Funds, AUM $45bn Precious Metals Buck Weakening Materials Trend • Rotation in to China Precious Metals stocks pushes ownership to record levels, bucking the trend of overall Materials sector decline. • Precious Metals overtake Industrials Specialties as the largest industry holding in the Materials sector. • Zijin Mining Group soars to new ownership highs, attracting funds …
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150 Active MSCI China Funds, AUM $47bn China Fund Positioning Analysis, October 2023 In this issue: China Banks: Consolidating The Lows as Old Guard Makes a Come Back New Oriental Education & Technology: Back From the Dead MSCI China Stock Positioning & Activity Update 150 Active MSCI China Funds, AUM $47bn China Banks: Consolidating the Lows as Old Guard Makes …
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254 China Equity Funds, AUM $100bn China Fund Positioning Analysis, August 2023 In this issue: China Stock Radar A-Share Construction Materials Slump A-Share Packaged Software Revival 152 MSCI China Equity Funds, AUM $55bn MSCI China Stock Radar Investment levels among the thousands of stocks in the investible China universe differ greatly. Some stocks are widely owned, others largely avoided …
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257 China Equity Funds, AUM $94bn China Fund Positioning Analysis, June 2023 In this issue: China Consumer Staples: Conviction Overweight BYD Company Ltd: Rising Up The Ranks China A-Shares Stock Positioning Update 154 MSCI China Equity Funds, AUM $50bn China Consumer Staples: Conviction Overweight Active MSCI China managers break away from benchmarks as overweights close in on record levels. Time-Series …
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257 China Equity Funds, AUM $108bn China Fund Positioning Analysis, April 2023 In this issue: Q1 Performance & Attribution China A-Share Financials: Out of Love Active Sector Rebalancing 257 China Equity Funds, AUM $108bn Q1 Performance & Attribution A look at Q1 performance and the drivers of performance among active MSCI China and China A-Share funds. MSCI China Funds: Performance …
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258 China Equity Funds, AUM $107bn China Fund Positioning Analysis, March 2023 In this issue: Alcoholic Beverages: High Conviction Remains China Materials: About Turn Proya Cosmetics: Record Holdings 154 MSCI China Funds, AUM $56bn Alcoholic Beverages: High Conviction Remains Alcoholic Beverages resume upward ownership trend as 3-tier stock picture emerges. Fund ownership in the Alcoholic Beverages industry group continues to …
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220 China Equity Funds, AUM $107bn China Fund Positioning Analysis, February 2023 In this issue: Hotels/Resorts/Cruiselines: Breaking Out Pinduoduo: Entering the Big League China A-Shares Rising Stars MSCI China Fund Characteristics 120 MSCI China Funds, AUM $53bn Hotels/Resorts/Cruiselines: Breaking Out Rotation in to the Hotels/Resorts/Cruiselines industry group pushes ownership levels to all-time highs. First Casino’s, then Restaurants and …
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