Allianz GI and Manulife collaborate for Hong Kong MPF market

Allianz_Global_InvestorsAllianz Global Investors and Manulife International have announced a partnership to target Hong Kong investors and the mandatory provident fund (MPF) market. Under the terms of the agreement, Manulife will sponsor Allianz GI’s MPF Plan while Allianz will retain its role as the scheme’s investment manager and will continue to offer investment products through Manulife’s MPF platform. The collaboration will mean that Manulife will hold a 25.6% share in Hong Kong’s MPF market, according to its assets under management as of September 30. “We will continue to seek more meaningful results to our MPF clients and to contribute to the development of Hong Kong pension market, as it is our core proposition to generate long-term value for our clients in Hong Kong," said Desmond Ng, head of Asia-Pacific at Allianz GI. "This move aligns with our commitment to offering an extensive range of fund choices that can best serve the different investment appetites and deliver great value to all MPF clients,” added Michael Dommermuth, head of wealth and asset management for Asia at Manulife Investment Management. © 2020 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...


Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.