Neuberger Berman has expanded its fund range in Asia, making 11 funds available to the retail market in Hong Kong and a further three available in Singapore.
Category: Fund news
HFT Investment to launch rmbmoney market fund
HFT Investment Management is planning to launch a renminbi money market fund into Hong Kong later this month.
JP Morgan AM adds RMB class to multi income fund
JP Morgan Asset Management has introduced a share class hedged to the renminbi for the JPMorgan Multi Income Fund.
Fund selection becoming dynamic in Asia
Asset managers should not focus on fund performance as the only parameter to feature into a fund selector’s buy list as investment philosophy and investment process are also ranked high by gatekeepers in Asia, revealed a Cerulli report.
AmInvest unveils feeder into Blackrock fund
AmInvest has opened a feeder fund which will allow Malaysian high net worth investors to access BlackRocks Global Multi-Asset Income Fund.
Few products hindering Shariah funds in Malaysia
Even as growing numbers of multi-national asset managers are moving to set up shop in Malaysia, as they prepare to tap into the demand for Islamic fund management, an informal poll of market participants suggests that the industry’s growth is being stymied by a lack of product innovation and range.
Dramatic allocations shift as global fund sales
Investors around the world poured almost $1trn (726bn, £599bn) into funds during 2013, roughly the same as the year before, but changed their allocations “dramatically”, according to an annual report on the global funds industry issued by Strategic Insight.
Fund distribution model Korea report
An online fund supermarket preparing for launch in Korea is unlikely to have much of an impact on the country’s mutual fund distribution landscape in the short term, according to Cerulli Associates.
HK fund industry net sales slump in 2013
The Hong Kong fund industry witnessed a slump in net sales in 2013 over the previous year, according to Hong Kong Investment Funds Association, which attributed the decline to bond funds which saw net annual outflows for the first time since 2007.
Sinopac to launch Asian equity value fund
SinoPac Asset Management will launch the Accudo Asian Value Arbitrage Fund in early March and has appointed Manuel Schlabbers as the fund manager.
