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HSBC Jin MSAP trust Fund to set up small-cap equity fund
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HSBC Jintrust Fund to set up small-cap equity fundPublished: 02 Sep 2009 23:20:51 PSTTop 5 News From ChinaKnowledge.comBaosteel sees improved profit in H2Country Garden floats 5-year notes worth US$300 mln on TueChina to purchase US$50 bln in IMF bondsBeijing’s e-Town launches wireless broadband networkBDA sees growing demand for talentSep. 3, 2009 (China Knowledge) – HSBC Jintrust Fund Management Co, HSBC Holdings Plc’s<0005><HBC> China fund venture, expects to establish a small-cap equity fund this year, a senior executive of the company, sources reported.The move is expected to help HSBC Jintrust Fund to double its assets under management over the next five years.Steve Lee, CEO of HSBC Jintrust Fund, said the fund will invest mainly in small- and medium-sized enterprises in China, including those that intend to launch initial public offerings on the country’s planned growth enterprise board.The fund is still subject to regulatory approval, sources said.HSBC Jintrust Fund also expects to launch more life-cycle funds with less risky investments, and it will consider new products such as index-tracking funds.As of Jun. 30, HSBC Jintrust had managed RMB 9.7 billion worth of assets in six mutual funds.Copyright © 2009 http://www.chinaknowledge.com弹簧 lithium battery 深圳福田搬家公司 弹簧 深圳装修公司 齿轮箱 クレジットカード 現金化 口コミ 弹簧