Hong Kong Archives - Page 12 of 81

Hang Seng IM preps income fund

The firm has co-branded with Ping An to launch the product in Hong Kong.

Customers were delaying long-term investment decisions due to the uncertain market environment, the bank said.

Separately, UBS SDIC AM’s licences in the territory were removed.

The asset management arm of CMBC in Hong Kong has an investment team focusing on Greater China equities and Chinese offshore bonds.

Hong Kong-based OPIM partners with emerging fund managers to help them tap global investors.

Overall, ETF AUM across Asia (ex-Japan) fell by 0.8% during the first five months.

The iShares ETF listing on the Hong Kong Stock Exchange follows the relaxation of the master-feeder regime late last year.

Competitor CSOP AM manages the same kind of products, which have become the largest L&I funds in the SAR.

It has taken over Strabens Hall’s business in the SAR and works closely with the firm in the UK.

The implementation details of wealth management connect (WMC), including the scope of eligible investment products, will be announced later.