The firm is bringing to Hong Kong an enhanced index product that invests in China A-shares.

The firm is bringing to Hong Kong an enhanced index product that invests in China A-shares.
Both Hong Kong and China domiciled funds sold in the cross-border scheme collected assets in April, SAFE data shows.
The Hong Kong-based firm aims to participate in the MRF programme in addition to planning PFM funds this year.
HSBC Global Asset Management makes the case for Asian bonds as it launches three funds into China through the northbound MRF channel.
The fund, which has an 18-year track record, is distributed through the Mutual Recognition of Funds scheme.
The global market plunge in the first quarter prompted investors to reduce global exposure and put money into China via the Mutual Recognition of Funds (MRF) scheme, data shows.
The HSBC Asia High Income Bond Fund is one of three similar products which the firm plans to distribute via the MRF scheme.
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 sales-side appointment coincides with the debut of a multi-asset fund targeting mainland investors through the MRF.
Hong Kong-domiciled products sold in the mainland (northbound funds) through the MRF had a month of outflows while southbound funds had inflows.
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