Fund news Archives - Fund Selector Asia

Capital Group partners with UBS for Hong Kong strategy

Capital Group and UBS combine for distribution of multi-sector income strategy.

Fidelity has launched one fund already and plans to launch more.

The ETF invests in three investment themes: technology, consumer discretionary and ESG.

Bank of China’s Hong Kong subsidiary partners with South African asset manager Ninety One exclusively on RMB-denominated green fund.

The fund is exclusively offered to HSBC’s retail banking clients in the country.

The transition is expected to be completed in the third quarter of 2022.

A chief sustainability officer is chosen as the UK asset manager converts funds to sustainable products.

The suspension will be lifted “as soon as market conditions allow”.

However, Hong Kong and Singapore retail funds have limited allocations to Russian equities, according to Morningstar.

The fund is the first ETF tracking the Hang Seng China New Economy Index listed in Hong Kong.