News

JPMAM Pacific tech fund gets northbound distribution approval

TechnologyJP Morgan Asset Management’s (JPMAM) Pacific Technology Fund has been cleared for northbound distribution under the Mainland-Hong Kong Mutual Recognition of Funds (MRF) scheme. It will be distributed by China International Fund Management (CIFM). In August, JP Morgan confirmed that it had won an auction to purchase a 2% equity stake in CIFM, making it the first overseas business to hold a majority stake in an onshore funds business. CIFM will act as the master agent to distribute the fund in mainland China. The fund mainly invests in securities of technology companies – including those related to technology, media and telecommunication – in the Pacific region, including Japan. The fund is exposed to concentrated portfolio, smaller companies, technology-related companies, emerging markets, currency, liquidity, equity and currency hedged classes risks, JPMAM said in a statement on November 26. JPMAM said the fund reflects the long-term structural growth opportunities in five key technology areas: internet and content, gaming, manufacturing leaders, smartphone components and factory automation. ©2019 funds global asia

Sponsored Profiles

Sponsored feature: Asset allocators – How do you track your decisions?

Apr 06, 2020

Mark Barry, Head of Asset Allocation at Milestone Group, explores how a simple question can highlight opportunities to automate and streamline your asset allocation investment process.

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

Executive Interviews

Executive interview: Understanding geographies

Apr 06, 2020

Margaret Harwood-Jones, co-head financing and securities services at Standard Chartered, shares her insights on platform standardisation, opportunities in Asia and regulatory change to encourage...

Executive interview: ‘Bull markets don’t die of old age’

Dec 12, 2019

Having a balanced portfolio in the midst of the longest expansion in history is an investment imperative, Chris Alderson, co-head of global equity and head of international equity at T Rowe Price...

Roundtables

Hong Kong roundtable: A ‘fragile Goldilocks situation’

Apr 06, 2020

With the global economy at a crossroads, our panel of experts share their thoughts on the market conditions, geopolitical volatility and growth opportunities. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A horizon to hold long-term assets

Dec 12, 2019

Panellists discuss the geopolitical fractures concerning asset owners, Singapore as a hub for fintech start-ups and why it makes sense to raise capital from a Variable Capital Company (VCC). Chaired by Romil Patel in Singapore.