Fund news Archives - Page 20 of 62

Income Partners preps onshore fund launches

The Hong Kong-based firm aims to participate in the MRF programme in addition to planning PFM funds this year.

The Dublin Ucits is the first by the Hong Kong asset management joint-venture between Tencent and Hillhouse Capital Group.

Expectations that Nasdaq market volatility will escalate should increase Hong Kong investor interest in L&I products, the firm believes.

Foundation AM’s China high yield strategy aims to provide an annual income target of 8.5%.

The firms believe that there is demand for ETF-based portfolios in the Lion City.

The firm is betting that the fiscal stimulus provided by central banks will support investment grade corporate bonds.

Volatile markets prompted the introduction of the funds, which invest in ETFs and aim to address “unstable market cycles”.

Several other fund managers are also expected to roll-out products in the Lion City.

Additionally, an A-shares fund is awaiting approval in Singapore.

After the establishment of a joint venture in December, the two firms plan to provide an advisory service targeting China’s retail market.