The firm expects to launch a second fund of funds onshore in China.
Category: News
Money market flows rise in Hong Kong
Investors in Hong Kong are putting capital into money market funds, although total AUM of the products remains relatively low, according to Fitch Ratings.
China sets foreign-ownership limits date
Separately, a number of foreign firms are set to hold a majority stake in a Chinese retail mutual fund business.
Invesco launches another FMP
It is the third fixed maturity product (FMP) the firm has offered to Hong Kong retail investors so far this year, and the first that will focus on Asia bonds.
First State brings new funds to Hong Kong
After its retail fund push in Singapore, the firm has registered two products for retail sale in Hong Kong.
HEAD-TO-HEAD: Artemis versus Seneca
FSA compares two global multi-asset income products: the Artemis Monthly Distribution Fund and the Seneca Diversified Income Fund
The FSA Spy market buzz – 11 October 2019
SJP pinches; Merian acquires; Solutions not funds; AI at DBS; Marijuana low; FMPs and impending dullness; Outdoor advertising galore and much more.
JP Morgan PB opens trust business in Singapore
The trust company will help wealth administration and succession planning for JP Morgan Private Bank’s clients in Asia.
CCB Principal launches UK equities QDII product
Despite Brexit woes, the UK has become the latest choice for China’s qualified domestic institutional investors (QDII).
In case you missed it (11 October 2019)
Legg Mason Global AM names Apac (ex-Japan) head; Aviva launches ESG multi-asset product in Singapore; Barings raises $235m for real estate fund; Merian acquires multi-asset business in London; ESG scores of Chinese companies improve; and more…
