BEA Union Investment aims to build an enhanced yield-generating portfolio from Asian bonds.
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BEA Union Investment aims to build an enhanced yield-generating portfolio from Asian bonds.
The firm joins other managers who have launched several themed products this year.
It is the third fixed maturity product (FMP) the firm has offered to Hong Kong retail investors so far this year, and the first that will focus on Asia bonds.
Despite Brexit woes, the UK has become the latest choice for China’s qualified domestic institutional investors (QDII).
Aberdeen Standard Investment is the latest asset manager to sell a fixed maturity product (FMP), generating income through allocations to emerging market bonds.
The asset manager’s WFOE taps into domestic demand for China fixed income.
The $94.3bn Capital World Growth and Income Fund was launched in Singapore today, according to a statement from the firm.
The funds will be distributed worldwide by UBS Global Wealth Management.
Separately, leveraged and inverse (L&I) products and a number of China-focused thematic ETFs have grown popular in Hong Kong.
It is the second NASDAQ 100-linked (-2x) inverse product launched by a China asset manager this month.
Part of the Mark Allen Group.