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China A-share offerings grow in Malaysia

An A-share “innovation” fund has been launched by UOB AM. Separately, Malaysian investors have turned positive towards China equities.

Italian firm Azimut and Korea’s Mirae Asset are also expected to roll out private funds to qualified mainland investors.

The funds will focus on the “E” factor.

The Hong Kong-domiciled product is authorised for sale to retail investors a year after its launch.

The firm had operated securities brokerage and investment advisory businesses without a license.

The US asset manager will provide customised portfolios for the mass retail market.

Mainland investors have preferred domestic securities over offshore investments.

As it partners with solutions provider Manulife to create insurance consultant role.

Sustainable fund assets in Asia ex-Japan surged 131% in 2020 from a year earlier.

The onshore team will be led by industry veteran Saranya Arunsilp, who was previously at Kasikornbank.