China Merchants Fund aims to build a Hong Kong business organically or via acquisition in a drive to expand its international business, which makes up just 1% of assets overall.
Tag : china merchants fund
The company will issue the product in January to gain broader emerging-market exposure via ADRs and GDRs listed in the US and UK, and Chinese stocks in Hong Kong.
Gao Yang takes over the role of Guy Uding, who is back with ING Investment Management as Asian head of special strategy.