The firm will also make use of the new variable capital company (VCC) framework for the fund.
Category: Markets
CCB Principal AM gains Hong Kong licences
Separately, UBS SDIC AM’s licences in the territory were removed.
China Minsheng affiliate receives SFC fund approval
The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.
China Top Trumps – China equities
This week FSA presents a quick comparison of two China equity products: the ChinaAMC China Opportunities Fund and the First State China Focus Fund.
Fund churning persists in China
Funds launched during the first quarter had massive outflows in the second quarter.
Schroders preps ESG multi-asset fund in Singapore
The fund also aims to provide an income of 3-5% per annum.
China leads ETF growth in Asia
Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
Credit Suisse faces $300m lawsuit in Singapore
Bidzina Ivanishvili is the biggest victim of a wealth manager who defrauded clients for nearly a decade.
Maybank AM rolls out fixed income feeder in Malaysia
The fund aims to distribute income on a bi-monthly basis, targeting 4-4.5% per annum.
Pinebridge, Allianz GI lead Taiwan fund flows
Pinebridge’s Global ESG Quant Bond Fund became the best-selling product during the first half this year among all Taiwan-domiciled funds managed by a foreign firm.