Wellington Management said that the Wellington Global Quality Growth fund is available to retail investors in Hong Kong and Singapore.
The fund seeks long-term returns in excess of the MSCI All Country World index by investing in a portfolio of global equities.
Established in 2011, the fund manages over $34bn in assets as of November, comprising UCITS vehicles, segregated mandates and sub-advisory portfolios.
Wellington now has 14 funds in Hong Kong available to retail investors and 13 in Singapore.
The fund comprises a high conviction portfolio of 60-90 stocks and is managed by Steve Angeli, who is supported by a global team.
The team utilises Wellington’s proprietary Global Cycle Index to assess the global economic cycle and tailor positioning accordingly.
“Wealth management is one of the fastest-growing segments of both Wellington’s business globally and in Asia. We are building on growing interest in the strategy over the past decade from institutional and private bank clients – and extending access to retail investors in Hong Kong and Singapore,” said Samuel Hui (pictured), managing director for Asia Pacific global wealth at Wellington Management.
“The addition of Wellington Global Quality Growth Fund demonstrates our commitment to clients in further extending the firm’s institutional investment capabilities and range of solutions to retail investors in the region that meet their desired outcomes,” added Hui.
“As we approach 2025, we expect steady economic growth and low recession risk to support equities. Earnings growth is expected to broaden across various sectors and dispersion can potentially create a more positive environment. However, as volatility and event risks remain, there is clear demand for high-quality investment solutions to navigate these uncertain times, for which we are well-positioned to provide,” said Janet Perumal, head of Asia Pacific and head of investments for Apac at Wellington Management.
