EFG set to launch Asia Pacific bond fund

EFG Asset Management (EFGAM), the asset management arm of EFG International, has launched the New Capital China Equity Fund, an open-ended equity fund that will invest in up to 50 Chinese and Hong Kong stocks across all capitalisations.


Aviva exits China funds sector

Aviva ended this month a five-year effort to win a fund license in China as it quit a planned asset management venture with Central China Securities Co, the source who had direct knowledge of the deal said.