Neuberger Berman will act as an advisor for a PFM product.

Neuberger Berman will act as an advisor for a PFM product.
The firm is bringing to Hong Kong an enhanced index product that invests in China A-shares.
The firm received its licence four years after it established a WFOE in China.
Even foreign players have opened accounts with online fund platforms for selling investment products direct to investors.
Strong net fund inflows in China belied the trend elsewhere in Apac during the first three months of 2020, says a Broadridge report.
Strong monetary and fiscal stimulus measures have provided ample liquidity and credit availability to support Asian borrowers, according to the firm’s head of Asian credit.
Both Hong Kong and China domiciled funds sold in the cross-border scheme collected assets in April, SAFE data shows.
The previous general manager has left the firm.
The demand for wealth management products distributed by the firm was down during the period.
Other markets in Asia shed fund assets this year, but China’s retail mutual fund industry recorded net inflows, according to Amac data.
Part of the Mark Allen Group.