HSBC debuts RMB hedged share class for Ucits

Asset manager started offering the class for its global investment funds on March 23

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HSBC Global AM: plans to extend RMB hedged share class to more global investment funds in “near future”

HSBC Global Asset Management has expanded its renminbi offering by launching a RMB hedged share class for one of its international and regional equity funds, following the Securities & Futures Commission (SFC) of Hong Kong relaxing its rules on Ucits funds.

The RMB hedged share class is offered for the bank’s Asia-Pacific ex-Japan Equity High Dividend global investment fund. The new product launched on March 23.

The expansion of HSBC Global AM’s renminbi products comes after the SFC relaxed

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