The HSBC Asia High Income Bond Fund is one of three similar products which the firm plans to distribute via the MRF scheme.

The HSBC Asia High Income Bond Fund is one of three similar products which the firm plans to distribute via the MRF scheme.
Despite the coronavirus, China’s onshore defaults were lower year-on-year in the first quarter.
Despite their pessimistic macroeconomic outlook, Asia’s third-party fund buyers are positive on China and Asia-Pacific ex-Japan equities, according to Last Word Media research.
The firm is set to become the first foreign fund house with 100% ownership of an asset management joint venture in mainland China.
Only one foreign firm onshore, a UK-based manager, has exceeded the RMB 2bn ($280m) AUM mark.
The asset managers filed applications on the first day that China officially lifted the investment limitations for foreign fund management firms.
UBS Asset Management continues to introduce onshore funds against the background of strong market volatility and imminent global recession.
After the unusual outflow in January, Hong Kong-domiciled products sold in the mainland (northbound funds) through the MRF saw net inflows in February.
The Hong Kong-based asset manager has added one more product for sale in China via the private fund management (PFM) channel.
A tough Q4 has impacted the NYSE-listed Chinese wealth management firm.
Part of the Mark Allen Group.