Fund news Archives - Page 12 of 61

Schroders launches food and water fund in Singapore

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.

UOB Asset Management (UOBAM) offers its first Singapore-focused ESG fund to help investors contribute to the nation’s sustainability drive.

The ETF will be the largest ESG fund listed on the Singapore exchange with $328m of AUM.

The strategy has been developed in partnership with UBS Global Wealth Management (GWM).

The asset manager’s new fund aims to capture the massive wave of internet adoption in emerging markets (EM).