T Rowe Price bond funds approved in Hong Kong

ApprovedUS-based asset manager T Rowe Price has gained authorisation for four of its bond funds to be sold in Hong Kong. The products are the first of the firm's bond funds to be available to retail investors in Hong Kong and offer exposure to European, emerging market and global fixed income. “With the persistent low-growth environment and interest rates at historic lows, these newly-authorised funds meet the increasing demand among Hong Kong investors for new, high-yield investment solutions,” said Elsie Chan, head of intermediaries, Asia ex Japan at T Rowe Price. The firm, which had already gained authorisation for six of its equity funds to be sold in Hong Kong, says the latest approvals are a “new milestone” in its Asian growth strategy. The funds, part of the firm's Sicav, are the Emerging Markets Bond Fund, Euro Corporate Bond Fund, European High Yield Bond Fund and Global High Income Bond Fund. Based in Baltimore, T Rowe Price had $904 billion under management at the end of June. ©2017 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

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Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

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Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.


HONG KONG ROUNDTABLE: a long-term project

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Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.

SINGAPORE ROUNDTABLE: Small nation, big ambitions

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Our cross-industry panel discussed fund passporting, robo-advisers and the potential of a new investment structure, the S-Vacc. Chaired by George Mitton in Singapore.