HSBC Global Asset Management has launched a low volatility equity fund for investors in Hong Kong and Singapore.

HSBC Global Asset Management has launched a low volatility equity fund for investors in Hong Kong and Singapore.
The number of high net worth individuals across the world surged by 14.7% to 13.7m over the last year, according to a survey by Capgemini and RBC Wealth Management.
RHB Asset Management has unveiled a Shariah-compliant actively managed Islamic balanced fund in Hong Kong, the first in the country.
Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors.
RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
BlackRock has launched its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong.
Axa Investment Management has broadened the number of its funds which are available in Asia, registering a range in Singapore for the first time and making a further seven available to investors in Hong Kong.
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
Vietcombank Fund Management, which is part-owned by Franklin Templeton Investments, has launched its first open-ended equity scheme, investing in large-cap companies listed on the Vietnam stock exchange.
Andrew Mantel, the director of Pacific Sun Advisors, has lodged an appeal against his conviction for advertising a mutual fund to investors without regulatory permission in Hong Kong.
Part of the Mark Allen Group.