CCBI AM launches RMB fixed income fund
CCBI Asset Management becomes the latest to offer a renminbi bond fund to Hong Kong retail investors, with its parent providing support on both the product and distribution side.
CCB International Asset Management, part of China Construction Bank International in Hong Kong, has launched a renminbi fixed income fund, the first sub-fund of its RMB funds series.
RMB investment products will be one of the firm's main focuses in the future, says Alfred Lo, deputy managing director of CCBI AM, which follows several other firms in launching RMB debt funds, such as Haitong International, Income Partners, Schroders and UBS.
For the time being, the new fund will invest …
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