The firm will also make use of the new variable capital company (VCC) framework for the fund.
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The firm will also make use of the new variable capital company (VCC) framework for the fund.
Separately, UBS SDIC AM’s licences in the territory were removed.
The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.
This week FSA presents a quick comparison of two China equity products: the ChinaAMC China Opportunities Fund and the First State China Focus Fund.
Funds launched during the first quarter had massive outflows in the second quarter.
The fund also aims to provide an income of 3-5% per annum.
Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.
Bidzina Ivanishvili is the biggest victim of a wealth manager who defrauded clients for nearly a decade.
The fund aims to distribute income on a bi-monthly basis, targeting 4-4.5% per annum.
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.
Part of the Mark Allen Group.