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HSBC launches multi-asset fund in Asia

HSBC launches multi-asset fund in Asia
  • Christopher Copper-Ind
  • @intlinvestment
  • 05 January 2021
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HSBC Global Asset Management has announced the launch of the HSBC Asia Multi-Asset High Income Fund in Hong Kong.

The global bank said the new fund offers "multiple income streams from Asian equities, including listed real estate, and Asian high yield."

Related articles

  • HSBC opens a Jade centre in Shanghai to cater China's wealthy
  • HSBC elected as custodian for first open-ended fund company in Hong Kong
  • HSBC announces head of new wealth and personal banking arm for Asia
  • HSBC hires 100 advisers in China ahead of 'mobile wealth' launch

The US dollar fund is available to retail investors in Hong Kong from today.

Share classes are also available in other currencies including Hong Kong dollar, Australian dollar, euro, British pound, Canadian dollar and yuan. The management fee is 1.25%.

The initial public offering period will end on 15 January, when the fund will begin trading.

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