Barclays launches Ucits RMB bond fund in Singapore
The UK bank’s asset management arm is raising money for what will be only the second retail renminbi bond fund available in Singapore.
Barclays Capital Fund Solutions (BCFS), the asset management business of Barclays Capital, yesterday announced the launch of a Ucits III-compliant retail renminbi bond fund in Singapore, which will invest entirely in offshore – Hong Kong-issued or CNH – RMB bonds.
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