With this registration, the fund house now has 23 registered funds available for distribution in Hong Kong.
According to Jean-Pierre Leoni, head of AXA IM Asia Pacific said, “AXA IM is dedicated to providing investors in Hong Kong and Singapore with access to a wide range of investment offerings to diversify their portfolios and cater for different investment needs.”
“As a testament to our commitment to Asia, we are not only expanding our product offering, but also bolstering our investment capabilities here in the region.”
The newly approved funds by the Securities and Futures Commission in Hong Kong are as follows:
- Axa World Funds – Framlington American Growth
- AxaWorld Funds – Framlington Emerging Markets
- Axa World Funds – Framlington Euro Relative Value
- Axa World Funds – Framlington Global Convertibles
- Axa World Funds – Global Inflation Bonds
- Axa World Funds – Universal Inflation Bonds
- Axa World Funds – US High Yield Bonds
The newly approved funds by the Monetary Authority of Singapore are as follows:
- Axa World Funds – Framlington American Growth
- Axa World Funds – Framlington Emerging Markets
- Axa World Funds – Framlington Euro Relative Value
- Axa World Funds – Framlington Europe
- Axa World Funds – Framlington Global Real Estate Securities
- Axa World Funds – Framlington Health
- Axa World Funds – Framlington Junior Energy
- Axa World Funds – Emerging Markets Short Duration Bonds
- Axa World Funds – Global Aggregate Bonds
- Axa World Funds – Global High Yield Bonds
- Axa World Funds – Global Inflation Bonds
- Axa World Funds – Universal Inflation Bonds
- Axa World Funds – US High Yield Bonds
In December last year, Aidan Yao joined Axa IM as senior emerging Asia economist. In February, the fund house strengthened its Asian fixed income team, appointing Jim Veneau as head of credit Asia.
Mark Tinker took over the role of head of Axa Framlington Asia in September last year, relocating from London to Hong Kong.
Terence Lam, head of sales and marketing, Asia, at Axa IM added: “In addition to increasing the number of funds available to investors in Hong Kong and Singapore, AXA IM continues to nurture and build trusted and strategic relationships with our distribution partners by providing seamless fund services and investment advice.”
Axa Investment Managers Asia has been operating in Asia since 1998 with offices in Hong-Kong, Beijing, Singapore, Sydney, Tokyo as well as joint-ventures in Shanghai, Seoul and Mumbai. It currently has a headcount of 80 together in Hong Kong and Singapore.
Axa IM manages approximately €562bn ($761.20bn, £447.7bn) in assets under management as of 31 March.
