AIA Investment Management will launch its first batch of retail mutual funds in Singapore.
The firm has lodged an application with the Monetary Authority of Singapore (MAS) to roll out the AIA Singapore Bond Fund and the AIA India Equity Fund, according to the regulator’s records.
The funds are Luxembourg-domiciled Ucits products.
AIA IM in Singapore was incorporated in 2016 as the hub for regional investment management and central trading for its Hong Kong parent insurer, AIA. In 2019, AIA IM launched its Luxembourg Ucits funds platform, AIA Investment Funds.
The platform already has nine funds, but all strategies are only available to professional investors.
Our sister publication Fund Selector Asia sought more information from AIA IM, but the firm was not able to provide more information in time for publication.
For more insight on asset and wealth management in Asia, please click on www.fundselectorasia.com
