The $94.3bn Capital World Growth and Income Fund was launched in Singapore today, according to a statement from the firm.

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.
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.
Part of the Mark Allen Group.