The US-based asset manager has gained authorisation from the Securities and Futures Commission (SEC) to sell two fixed income products to Hong Kong retail investors.
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The US-based asset manager has gained authorisation from the Securities and Futures Commission (SEC) to sell two fixed income products to Hong Kong retail investors.
The new Luxembourg-domiciled Sicav will be offered to Hong Kong and Singapore retail investors as well as to the European market next week.
So far, it is the only SFC-authorised fund that the firm is managing in the SAR.
The firm now manages $880m in China-focused thematic products in Hong Kong.
Both China AMC and CSOP AM have rolled out L&I products that track the same underlying index.
The iShares ETF listing on the Hong Kong Stock Exchange follows the relaxation of the master-feeder regime late last year.
The mixed-asset funds will be offered to Hong Kong retail investors to meet their different risk tolerances, according to Allianz Global Investors (GI).
Separately, the bank’s top 10 best selling mutual funds include products managed by Alliance Bernstein, Blackrock, Hang Seng IM, Janus Henderson, JP Morgan Asset Management and UBS Global Asset Management.
The product is an addition to the firm’s other ESG offerings.
It will be the first fund in the market that focuses on Singapore-listed Reits.
Part of the Mark Allen Group.