BOCI-Prudential has launched an ETF investing in China’s ‘new economy’ while Manulife Asset Management debuts a mixed-asset product focused on China’s ‘bay area’ cities.
Tag: Hong Kong
Bosera/ASI to launch EM bond fund
China’s Bosera and Aberdeen Standard Investments have filed an application to sell an emerging market bond fund under the Mutual Recognition of Funds (MRF) scheme.
Two more ETFs dropped in HK
Enhanced Investment Products delisted a smart-beta fund while Mirae Asset ends trading of a consumption-related thematic product, according to records from the Hong Kong Stock Exchange.
BMO Global aims at wholesale market
In Hong Kong, the Canadian firm recently launched an actively-managed balanced fund that invests in ETFs, as management sets its sights on the wholesale market.
HKIFA: Bond funds lose $6.2bn in 1H
Strong outflows from bond funds for sale in Hong Kong were driven by global and high yield products, as the asset class undergoes a huge reversal from 2017, according to data from Hong Kong Investment Funds Association (HKIFA).
JP Morgan AM creates APAC alts role
The firm believes there is increasing demand for the asset class from high net worth investors in Asia-Pacific.
Manulife eyes robo-advisor adoption
The Canadian firm believes it has an advantage with robo because it can tap its 26 million global customer base, 2.2 million of which are in Hong Kong.
Mason Group aims to expand Asia WM unit
As wealth management consolidation continues in Asia, Hong Kong-based Mason Group said it aims to acquire asset management firms in Asia-Pacific.
Another China ETF exits HK
GF International Investment Management has decided to delist its China-focused ETF in Hong Kong, according to records from the Hong Kong Exchange.
Chinese subsidiary internationalises in HK
Foresee Global Asset Management in Hong Kong is the latest firm to receive a licence that enables it to invest in onshore Chinese markets, according to records from the China Securities Regulatory Commission.