The firm has launched a second version of the fixed maturity product (FMP) it debuted in July.

The firm has launched a second version of the fixed maturity product (FMP) it debuted in July.
Despite the difficult political and economic environment in Hong Kong, the firm hopes to eventually sell the newly SFC-authorised products.
Ongoing protests and the trade dispute have hit the local market, but diversified Hong Kong equity funds remain resilient, shored up by mainland allocations.
Investors need clearer understanding about how ESG principles are deployed in listed companies, and the board of directors should take responsibility, argues the Hong Kong Investment Funds Association (HKIFA).
Despite net inflows, assets under management in Hong Kong declined 5% year-on-year in 2018, according to a Securities and Futures Commission (SFC) survey.
Assets of three other China-focused thematic ETFs have already passed the break-even mark.
The firm intends to launch an equity product that was formerly only available to professional investors.
Global equity markets have rallied this year, but two-thirds of fund sales in Hong Kong are in fixed income products.
Fund Selector Asia will be hosting our specialist Discretionary Portfolio Forum this August in Hong Kong.
Hong Kong’s private wealth management assets reached HK$5.2trn ($670bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.
Part of the Mark Allen Group.