The fund will invest in global corporate bonds.
Tag: wealth management connect
HSBC: Wealth Management Connect expansion drives investment
Around two-thirds of respondents to HSBC’s survey said they plan to boost investment via WMC on the back of today’s enhancements.
Hong Kong and China regulators enhance WMC scheme
The measures include increasing the scope of eligible products and increasing quotas.
Hong Kong, China plan upgrade to Wealth Management Connect
The plans will see the wealth management scheme broadened out to include equities and an increase in the quota.
Fidelity finds China investors recognise importance of sustainability
But there is scepticism about the objectivity of ESG guidelines.
Hong Kong brokerages are set to join the WMC
Brokerages will compete with 23 eligible banks in Hong Kong for southbound services under the cross-boundary Wealth Management Connect.
HKMA adds five more banks to wealth management connect
The number of participating institutions in Hong Kong has increased to 24.
Hong Kong banks approved for Wealth Management Connect
The banks can now start providing Wealth Management Connect (WMC) services.
China connectivity to fuel Hong Kong PWM growth
The AUM of the city’s private wealth management (PWM) industry is expected to grow six to 10% per annum over the next five years, say wealth managers.
Fund managers are cautious about GBA WMC
Large capital flows are not expected into the Greater Bay Area Wealth Management Connect (GBA WMC) scheme in the near future, according to Cerulli Associates.
