Markets Archives - Page 158 of 192

Nomura AM launches impact fund in Singapore

The fund, run in partnership with American Century Investments, will be guided by UN sustainable development goals.

RHB AM expects that it will be able to attract RM 100m ($23.7m) for its US-focused income fund in the next couple of months.

After the coronavirus spread is under control, the firm believes China’s focus will turn to increasing investment in sanitation and waste treatment.

Although general sentiment is pessimistic, JP Morgan Asset Management is awaiting approval to sell two funds to retail investors.

The recent turbulence in China and other parts of Asia represent a buying opportunity, says a fixed income fund manager at the firm.

Thirty offshore funds were liquidated last year, including 12 from Jupiter AM, which decided to exit the market.

The Guangzhou-based asset manager is ready to provide its second fund for Hong Kong’s retail investors.

Separately, JP Morgan AM brought a hedge fund with ESG factors to the region.

The firm believes that the spread of the coronavirus has “nominal impact” on its decision to launch funds.

Mirova, a Natixis affiliate focused on ESG products, intends to join rival firms by launching a sustainable equity product.