AIA Investment Management to launch Retail Mutual Funds in Singapore
AIA Investment Management has reportedly lodged an application with the Monetary Authority of Singapore (MAS) to roll out the AIA Singapore Bond Fund and the AIA India Equity Fund.
AIA IM in Singapore was incorporated in 2016 as the hub for regional investment management and central trading for its Hong Kong parent insurer, AIA. In 2019, AIA IM launched its Luxembourg UCITS funds platform, AIA Investment Funds, said International Adviser.
The platform already has nine funds, but all strategies are only available to professional investors.