The initial batch of four products listed in Hong Kong, which attracted $6.4 billion in inflows last year, suffered a combined exodus in February, raising questions for future launches.
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The finance ministry has proposed merging four state-run pension funds into a $240 billion sovereign fund, but managers doubt the entity will issue more external mandates.
Carl Icahn's former lawyer launches an Asia hedge fund playing the convergence story under a green banner.
The euro-denominated certificate will replicate the performance of QAMÆs global quant fund.