Wellington Management has entered the Hong Kong retail market with the launch of four investment funds.
The four UCITS funds, which includes one growth fund and three income funds, will be available to retail investors in Hong Kong for the first time, extending the firm’s offering in Asia and global institutional investment capabilities to the segment.
Wellington continues to build a UCITS range across equities, fixed income and multi-asset for the wealth channel in Asia.
The funds in Hong Kong is part of Wellington’s expansion in the region’s wealth channel and follows an earlier launch of retail funds in Singapore at the end of last year.
Scott Geary, Wellington’s senior managing director and head of client group for Asia Pacific, said, “Hong Kong is integral to our Asia strategy and today’s launch is a natural client-servicing progression and an extension of our business commitment to the market.
“Our partners are increasingly merging their private banking and consumer banking units globally – and are looking for products that can be offered across their private and mass affluent client base.”
