The fund also aims to provide an income of 3-5% per annum.
Category: Markets
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.
AB to roll out A-share fund in Hong Kong
The firm is also expected to roll out an income fund in the SAR.
Singapore’s APS AM partners with Chinese firm
APS Asset Management will act as an advisor for a PFM fund in the mainland.
Aberdeen Standard prepares Asia FMP in Singapore
Separately, Phillip Capital is also expected to launch an income-generating product in the Lion City.
E Fund to terminate L&I products in Hong Kong
Competitor CSOP AM manages the same kind of products, which have become the largest L&I funds in the SAR.
UBP alts fund targets Japan companies
The strategy will take short positions on poorly governed companies.
