HSBC's RMB bond fund attracting non-RMB investors
This week saw HSBC Global Asset Management offer its RMB bond fund to the mass retail market in Hong Kong. So far, HK dollar and US dollar investors account for over 70% of the fund's AUM.
Further evidence that renminbi-denominated investments have caught Hong Kong retail investors’ imagination came this week as HSBC opened its RMB bond fund to the mass market.
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