It will be the second product under the new ETF connectivity scheme between Hong Kong and the mainland.
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It will be the second product under the new ETF connectivity scheme between Hong Kong and the mainland.
Hang Seng Investment Management will be listing a feeder ETF in Hong Kong that will invest its assets into the Shenzhen-listed Harvest CSI 300 ETF.
The firm believes there is a product gap in the market. Separately, a China-focused ESG ETF is also expected to be rolled out by Haitong International AM.
The firm is expected to roll out more ESG solutions in Asia.
The firm is expected to roll out its first retail mutual fund in the SAR, which has also been added to the SFC’s list of green and ESG funds.
UBS Asset Management, meanwhile, did not apply for this year’s Deep Cultivation Plan.
The US-based hedge fund manager will apply its All Weather strategy to the new fund.
The French asset manager launches its first fixed maturity product (FMP) in the Lion City this year.
For the first time since March this year, investors in Hong Kong pulled money out of southbound funds.
In China, the London-headquartered firm manages two PFM and two QDLP products.
Part of the Mark Allen Group.