Invesco preparing dim-sum feast for MPF members
The firm is looking to pair offshore bonds with onshore securities with a view to giving Hong Kong pension savers access to the asset class, when regulations permit.
US-based manager Invesco is brainstorming product permutations for dim-sum bonds to cater to differing risk appetites in the belief that the market’s appeal will not fade despite a growing array of onshore instruments.
Desmond Ng, the firm’s head of sales and marketing for Asia ex-Japan and chief operating officer, says this is partly in expectation of a regulatory change to allow Hong Kong Mandatory Provident Fund, the statutory retirement contribution system, to include offshore…
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