Lion Gate Plans Sicavs For Global Clients

Lion Global Investors(LGI) is aiming to roll out additional funds to lure overseas customers,Asian Investorreports. The fund manager intends to unveil more Luxembourg Sicav funds, which are widely accepted in North Asia and Europe.

LGI has no immediate plans to launch a renminbi-denominated bond fund. The Singapore-based asset manager’s 75% of assets under management (AUM) are made up of insurerGreat Eastern Life, with third-party assets accounting for the rest.

Click here for the story fromAsian Investor.