Schroders, JP Morgan Asset Management and M&G Investments are among the firms with re-evaluated products.
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Schroders, JP Morgan Asset Management and M&G Investments are among the firms with re-evaluated products.
Quasi-government agency Amac has officially invited China’s fund management firms to contribute cash and materials to coronavirus affected areas in the mainland.
Separately, UOB has registered an income-generating fund of funds in Singapore.
The asset manager has SFC approval to introduce an emerging market bond fund.
The Hong Kong subsidiary aims to launch a northbound fund targeting mainland investors.
The product is a multi-manager fund, in which JP Morgan Asset Management delegates different sleeves to other third-party managers.
The first players to join the pilot scheme include fund managers and online mutual fund distributors.
Separately, China-based Penghua Fund Management and CCB Principal Asset Management are planning to establish subsidiaries in Hong Kong.
Using the private fund management channel, the firm has received approval to launch its sixth onshore fund for distribution to China’s domestic investors.
The Tencent-backed firm is yet another manager who is upbeat on the higher-yielding Asian bond market, despite the risks.
Part of the Mark Allen Group.