Strategy
Hong Kong Wealth Manager Signs Distribution Deal With ChinaAMC
Hong Kong financial advisor and wealth manager signs deal to distribute ChinaAMC's new fund product.
AMTD Financial Planning, the Hong Kong-based financial advisor, has partnered with the subsidiary of China Asset Management Corporation to distribute the latter's new fund.
The ChinaAMC Select Hong Kong China Equity Fund is a product of China Asset Management (Hong Kong). The partnership effectively expands the fund's Asia coverage as AMTD has a strong network in China, as well as offices and wealth management centres in key cities.
"AMTD is seizing the golden opportunity presented by the 'new economy' and working ith CAMHK as the exclusive distributor of the fund, in line with our goal of bringing market-oriented products to investors," commented Alan Tsang, director and chief executive of AMTD, in a statement.
AMTD was established in 2003 and provides local and international private wealth management services, among others.