Amundi readying HK funds, opens in Taiwan
The asset manager is the latest looking to build on its range of Hong Kong-domiciled funds. It has also set up shop in Taiwan and is eyeing other moves in the region.
In a drive to boost its $70 billion in Asian assets under management, Amundi has set up operations in Taiwan and plans to submit more funds for approval in Hong Kong.
For example, the firm is readying an Asian equity dividend product, says Zhong Xiaofeng, North Asia CEO at the French firm.
More Hong Kong-domiciled funds are likely to follow, with asset classes such as fixed income on Amundi’s agenda. “We will see if our global fixed income flagship funds meet SFC requirements,” …
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