The three-year fixed maturity product (FMP) will invest in a basket of global bond, according to a statement from the firm.
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The three-year fixed maturity product (FMP) will invest in a basket of global bond, according to a statement from the firm.
After launching three private fund management (PFM) products in May this year, Schroders has added another, timing it with expected foreign capital inflows.
The funds are now available to Singapore retail investors and have been submitted to the SFC for sale in Hong Kong.
The bank takes aim at retail investors with robo technology and in Taiwan, Legg Mason partners to set up a robo-advisor.
Eastspring hopes to tap into Asian investors’ strong demand for fixed maturity products.
The Hong Kong office of the mainland firm has had a total return bond fund investing in China approved by the Securities and Futures Commission.
Despite the difficult political and economic environment in Hong Kong, the firm hopes to eventually sell the newly SFC-authorised products.
The “liquid global macro emerging market long-short fixed income” strategy aims to generate 6-8% gross return above overnight Libor.
Hong Kong’s Securities and Futures Commission (SFC) has approved sale of another China bond fund from the firm.
The firm aims to develop mutual funds managed by Eastspring for sale to domestic investors, following a similar set-up by competitor Manulife.
Part of the Mark Allen Group.