Recognising a gap in its product suite, the firm is building a packaged solutions business combining internal expertise, most likely centralised in London.
Tag : multi-asset
The choice of multi-asset income products available in Hong Kong has further expanded, after inflows into such strategies grew 600% year-on-year in early 2013.
Bill McNabb, global CEO of $2.2 trillion Vanguard, says tactical elements in multi-asset products “make me nervous”.
The bank looks likely to adjust weightings within its managed solutions portfolio on the understanding that people need to think more about equities to improve total return.
The firm is marketing a remodelled Asia ex-Japan multi-asset income fund largely for retail investors that allocates dynamically between equities and bonds.
The US firm is set to register more funds in the Lion City with a focus on equity income-type products, and broaden its range of distribution channels.
Percival Stanion, global head of multi-asset portfolios at Baring Asset Management, says investors are waiting for emerging-market monetary easing and more certainty in Europe.
The fund manager's global head of client relationships is counting on institutional flows for growth in the iShares business.
The $7.2 billion Hong Kong institution seeks a manager to run a portfolio of local equities and global fixed income.