Alliance Bernstein (AB) has received regulatory approval from Hong Kong’s Securities and Futures Commission (SFC) to launch its China A Shares Equity Portfolio to retail investors in the SAR, according to the regulator’s records.
The Luxembourg-domiciled product, which was originally launched in 2015, invests in China A-shares that have attractive valuations, according to its fund factsheet.
FSA sought more information from the firm, but it was unable to reply in time for publication.
The fund was previously rolled out in Europe, including Switzerland, Germany and Germany. In Singapore, it is only available to accredited investors, FE Fundinfo data shows.
This will the firm’s first A-share offering in Hong Kong.
The AB China A Shares Equity Portfolio
The firm also manages another China-related strategy, the China Low Volatility Equity Portfolio, although it invests in offshore China equities.
The China A Shares Equity Portfolio vs category average and benchmark
Global Income Portfolio
The firm’s Global Income Portfolio also received approval from the SFC, according to the regulator’s website.
The product has already been made available in Europe and to accredited investors in Singapore, FE Fundinfo shows.
Managed by Scott DiMaggio, Gershon Distenfeld, Jorgen Kjaersgaard and Matthew Sheridan, the Luxembourg-domiciled product was originally launched in 2017.
In total, AB offers 42 retail funds in Hong Kong, according to FE data.
The Global Income Portfolio vs category average and benchmark
