T. Rowe Price, the US-headquartered global asset manager with $1.54trn in assets under management, has partnered with Manulife Hong Kong to distribute one of its flagship bond funds.
The T. Rowe Price Funds SICAV – Diversified Income Bond Fund will be available through Manulife Hong Kong’s Investment-linked assurance schemes (ILAS).
The fund is managed by Ken Orchard, a lead portfolio manager and head of international fixed income, supported by associate portfolio manager Vincent Chung.
The company said the partnership is to address the growing demand among Hong Kong investors for stable and attractive income potential.
Priscilla Leung, head of intermediary business for Greater China at T. Rowe Price said: “We recognise the importance of diversification and stable income potential for investors in the current market environment, and the fund’s diversified portfolio, backed by our rigorous research platform, offers an excellent opportunity for investors to achieve their goals.”
