China International Fund Management has launched its second RMB Money Market Fund, raising RMB620m ($100m) from more than 200 institutional investors during the initial offer.
Tag: Hong Kong
China bad loan problems manageable says BlackRock
Even as there are growing worries over the quality of bank loans in China, governments efforts to recapitalize the banks can help strengthen the state-owned banks balance sheet, says BlackRocks chief strategist.
China indicators spark JPM A share fund
Its time to consider investing in Chinas A share market, according to JP Morgan Asset Management, which last week unveiled its actively-managed Renminbi Qualified Foreign Institutional Investor [RQFII] equity fund.
Standard Life Investment cautious on Singapore realty
Standard Life Investments is cautious about investing in Singapore real estate due to government intervention in the sector.
Schroder unveils global asset allocation fund
Schroder Investment Management (Hong Kong) has unveiled an asset allocation fund that follows an unconstrained equity investment strategy.
Manulife AM appoints Warnes
Manulife Asset Management has appointed Peter Warnes in a newly created role of head of the portfolio solutions group, international, as it looks to expand its asset allocation capabilities.
HK fund managers favour Japan equities
Hong Kong fund managers currently favour Japanese and US equities, while they have become more cautious on European markets, according to a recent survey.
Heptagon launches China A shares equity fund
Heptagon Capital has announced the launch of an actively managed China A shares fund.
Argentina contagion unlikely Fidelity
Contagion stemming from Argentinas second default on its national debt to other sovereign issuers is unlikely, according to Fidelity Investments.
Worldwide waiting game as Fed stalls rate hike
Assessing the health of the global economy is a bit like watching the Commonwealth Games; each triumph is something to celebrate, yes, but you wonder what difference it would make if the Americans got involved.
