The two firms join forces to offer Money Plus, an app that can transfer cash to a WeInvest money market fund.
Category: Fund news
Deutsche Wealth launches hybrid advisory platform
The platform, which has been launched in Hong Kong and Singapore this month, will provide flat advisory fees to investors.
Apac investors pour money in RMB bond funds
The product category was the top-selling sector during the first quarter in Asia-Pacific, according to a Broadridge Financial report.
Manulife AM launches income fund in the Philippines
Manulife Asset Management and Trust has launched eight mutual fund products since setting up locally in 2017.
China, Japan to launch ETF Connect
Firms interested in joining the scheme will need to apply for an investment quota from China’s State Administration of Foreign Exchange (SAFE).
US firm to launch quant fund in China
DE Shaw joins Winton Capital and Man Group, which have launched onshore quantitative strategies.
Value Partners set to launch Asia innovation fund
The fund will focus on undervalued stocks of companies that are believed to be transforming their sectors.
Eastspring to launch global growth fund in Singapore
The firm has also rolled out an Islamic equity fund in Malaysia.
Chinese investors pour $10bn into new funds
In Hong Kong, the new products that gained the most assets in January are managed by BEA Union IM.
Noah’s clients pour into fixed income
At least 80% of the Chinese wealth manager’s sales came from fixed income products during the third quarter, according to the quarterly results report.
