The firm is marketing a remodelled Asia ex-Japan multi-asset income fund largely for retail investors that allocates dynamically between equities and bonds.
Tag : terry pan
Greater China equity funds have suffered the biggest redemptions, according to the Hong Kong Investment Funds Association.
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Ching takes over from Desmond Ng of Invesco. Terry Pan of JP Morgan AM is reappointed vice-chair, while Sam Yu of GAM Hong Kong takes a seat on the executive committee.
Net redemptions from this category were the highest among all funds in the first six months of the year, finds the HKIFA. EM equity sales also suffered, although EM bonds picked up.
The firm is seeking to tap return-hungry retail investors in Hong Kong with its latest product, which will invest in up to 90 small- to mid-cap high-growth stocks in a diversified portfolio approach.
