The fund is one of two products managed by the US firm recently authorised by the Securities and Futures Commission (SFC) for sale to retail investors.

The fund is one of two products managed by the US firm recently authorised by the Securities and Futures Commission (SFC) for sale to retail investors.
An overwhelming majority of asset managers operating in the market are planning to adopt a responsible investment policy, according to a Fitch report.
The Hong Kong-domiciled product is authorised for sale to retail investors a year after its launch.
Wellington Management in Singapore is the investment advisor of the new sustainable product.
Unlike other markets in Asia, investment strategies focusing on the sector have not become widespread yet in both countries.
They are the Future Earth, Future Food, and Future Life strategies.
The firm manages at least 18 FMPs in the SAR.
The firm will be competing against several foreign quant managers that have entered China’s private market. It also intends to apply for a QDLP licence.
The fund was one of the best-selling technology products in Hong Kong and Singapore last year.
When approved, the firm will have four products distributed under the MRF scheme.
Part of the Mark Allen Group.