Launched in Hong Kong, the portfolio invests in assets such as covered calls and collateralised loans in the US, targeting investors who want to diversify away from traditional income investments.
Category: News
Survey: Greater China investors to increase ETF usage
In the next 12 months, a majority of investors in Hong Kong, mainland China and Taiwan plan to increase their ETF investments, according to a study conducted by Brown Brothers Harriman in partnership with the research firm New Narrative.
HEAD-TO-HEAD: Fidelity vs NNIP
FSA compares the Fidelity Global Property Fund and the NN (L) Global Real Estate Fund.
Mark Mobius, ESG activist
In his new fund, Mark Mobius plans to use his considerable clout to work directly with companies in emerging markets on improving their governance practices.
The FSA Spy market buzz – 4 May 2018
Fullerton Hires, Blackrock goes high, Musk’s meltdown, Trilake’s airports, Hang Seng’s bestsellers, Ageism in asset management, Misleading headlines and much more…
BOCHK and Hang Seng score MRF approvals
Two Hong Kong equity funds managed separately by BOCHK Asset Management and Hang Seng Investment Management were approved for distribution to mainland domestic investors via the Mutual Recognition of Funds (MRF) scheme, according to the China Securities Regulatory Commission (CSRC).
Eastspring names new SG CEO, makes exec changes
Eastspring Investments has named Ooi Boon Peng as its new CEO for Singapore, replacing Phil Stockwell, who was previously both Singapore CEO and chief operating officer, according to a statement from the firm.
In case you missed it (04 May 2018)
UBS becomes first foreign player to apply for 51% JV ownership in China; Z-Ben says not a single Chinese fund manager is willing to sell a 51% stake; Credit Suisse poaches Julius Baer veteran; UTI AM launches an India multi-asset fund in Singapore; HSBC launches two lower carbon funds in Hong Kong; HKMA alleged to launch a crypto investment product; and more…
Hang Seng’s mainland JV eyes QDII scheme
The asset management joint venture of Hang Seng Bank intends to apply for quota under the qualified domestic institutional investor (QDII) programme, according to Rosita Lee, director of Hang Seng Investment Management and Hang Seng Qianhai Fund Management Company (HSQH).
Chinese AMs see net outflows in Q1
Largest mutual fund managers in China saw net outflows from their active funds in the first quarter of 2018, as investors continued to favour putting money into money market and short-term bond funds, data from Morningstar shows.
