Pioneer to enter retail hedge fund market
With Hong Kong capital-guaranteed funds maturing, will investors consider an alternative strategy?
Pioneer Investments is considering entering Hong Kong's nascent retail hedge fund market, says Edmund Lacis, Asian head of sales and distribution. The firm will submit an application to offer retail investors a multi-strategy, multi-manager fund of hedge funds product to the SFC by the end of March and hopes to gain approval during the second quarter of this year.
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