Lion Global markets Sicavs in Singapore, mulls CB fund
The firm is mulling an Asian convertible bond fund and has picked BNP Paribas to distribute its Ucits funds. Its head of fixed income also considers Greece to be technically in default.
Lion Global Investors is mulling whether to launch an Asian convertible bond fund after registering two Luxembourg-incorporated, Sicav-structured Asian bond funds in Singapore.
The firm, a member of the Oversea-Chinese Banking Corporation (OCBC), says its Asian High Yield Bond Fund and Asian Local Currency Bond Fund are now available to investors in the Lion City. They were launched on June 1 and June 17, respectively, in Luxembourg.
Kon Chee Keat, Lion Global’s head of fixed in…
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