Markets Archives - Page 133 of 193

China hands death penalty to former Huarong AM chairman

He was convicted of graft, corruption and bigamy.

Just after it set up its private fund management business last year.

Separately, foreign managers have shown interest in selling ESG funds in the mainland.

The fund was one of the best-selling technology products in Hong Kong and Singapore last year.

When approved, the firm will have four products distributed under the MRF scheme.

Separately, UBS Asset Management’s Shanghai-based WFOE also received approval to launch another onshore product.

On the fixed income side, the US asset manager continues to back high yield credit.

In total, the firm manages seven SFC-authorised funds in Hong Kong.

M&G has allocated a portion of its exposure to China equities management to a local stock picker.

In total, there are 34 funds for sale on the platform, including 25 HK dollar-denominated funds and nine US dollar-denominated funds.