Real Asset Management Group launches 2 retail funds amidst HK expansion

These launches respond to rising demand for fixed-income products in Hong Kong.

The Real Asset Management Group (RAM) has launched two new Securities and Futures Commission-authorised retail funds under its public open-ended fund company (OFC), the RAM Hong Kong Government Bond Fund and the RAM Income Fund.

RAM is among the few international firms licensed to establish a public OFC platform in Hong Kong and has expanded its investment management and distribution teams to better serve local investors.

The RAM Hong Kong Government Bond Fund focuses on providing dedicated exposure to Hong Kong Government Bonds for regular income and capital stability. Meanwhile, the RAM Income Fund aims to achieve regular income and capital appreciation over the medium term through a diversified portfolio of global fixed-income securities.

These launches respond to rising demand for fixed-income products in Hong Kong, with RAM’s private OFC raising over $1b in the past year. Both funds also qualify as eligible collective investment schemes under the New Capital Investment Entrant Scheme (New CIES).

Alpha Lau, Director-General of Investment Promotion, noted that strong demand from New CIES investors since its March launch has created new opportunities for fund firms and asset management companies to grow in Hong Kong.