The asset manager has tapped Conning Asia Pacific.
![](https://s34456.pcdn.co/wp-content/uploads/2021/03/GettyImages-1140300365-1-640x360.jpg.optimal.jpg)
The asset manager has tapped Conning Asia Pacific.
BEA Union Investment aims to build an enhanced yield-generating portfolio from Asian bonds.
A number of Hong Kong-domiciled funds do not meet requirements of the UK’s Financial Conduct Authority (FCA).
The prolonged approval process for northbound funds via the Mutual Recognition of Funds (MRF) scheme will not deter BEA Union Investment Management from launching products via the fund passporting programme, the firm’s CEO Eleanor Wan told FSA.
Bank of East Asia’s wealth management business posted a 6% profit and delivered 24% growth in assets under management for the fiscal year ending December 2017, according to the bank’s recent financial report
UBP’s AUM increases to $130bn; BNY Mellon IM creates head of intermediary distribution for Greater China role; Hermes IM hires for APAC business development team; BEA Union Investment launches China-focused multi-asset fund; Natixis’ Seeyond aims to double its AUM; China Post Global lists ETF in London for the first time; and more…
BEA Union Investment was granted a license from Chinese authorities to establish an investment management wholly foreign-owned enterprise (WFOE) in Qianhai.
BEA Union Investment tests the water by introducing two Asia-focused funds to Swiss investors through the Mutual Recognition of Funds (MRF) scheme, according to CEO Eleanor Wan.
A stabilised currency, improved liquidity and a more mature credit culture are what will attract investment in onshore Chinese bonds, industry sources said.
FSA compares the BEA Union Hong Kong Growth Fund with the Schroder ISF Hong Kong Equity Fund.
Part of the Mark Allen Group.