Fund news Archives - Page 24 of 65

EFGAM to launch FMP in Hong Kong

Very high market volatility and falling interest rates are creating an attractive environment for fixed maturity products.

Investors have growing demand for high yielding, quality products, according to the Japanese asset manager.

The fund, run in partnership with American Century Investments, will be guided by UN sustainable development goals.

Although general sentiment is pessimistic, JP Morgan Asset Management is awaiting approval to sell two funds to retail investors.

The Guangzhou-based asset manager is ready to provide its second fund for Hong Kong’s retail investors.

Separately, JP Morgan AM brought a hedge fund with ESG factors to the region.

The firm believes that the spread of the coronavirus has “nominal impact” on its decision to launch funds.

Major events have been cancelled, but some firms are looking at alternatives for small-scale gatherings, such as teleconferencing.

MAS has given Goldman Sachs Asset Management (GSAM) approval to sell four products to retail investors in the Lion City.

Mercer will recommend the underlying funds of the portfolio.