Lion Global Investors (LGI) is aiming to roll out additional funds to lure overseas customers, Asian Investor reports. The fund manager intends to unveil more Luxembourg Sicav funds, which are widely accepted in North Asia and Europe.
LGI has no immediate plans to launch a renminbi-denominated bond fund. The Singapore-based asset manager’s 75% of assets under management (AUM) are made up of insurer Great Eastern Life, with third-party assets accounting for the rest.
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