Bank of China (Hong Kong) (BOCHK) and Manulife Investments said they have entered into a regional collaboration to roll out multi-asset income solutions in Hong Kong and Malaysia, aiming to provide investors with stable and diversified sources of income.
The partnership combines BOCHK’s distribution networks with Manulife’s product capabilities to tap growing demand for income-focused investment products across Asia.
“Leveraging our strong position in the local wealth management sector, BOCHK is actively enhancing regional collaboration with our partners to extend our product and service models across Southeast Asia,” said Shirley Leung, deputy general manager of BOCHK’s Personal Banking Product Department.
She noted that transaction volume of global multi-asset funds more than doubled year-on-year in the first quarter, reflecting rising investor appetite for stable income products.
Grace Ho, head of retail wealth distribution and direct digital business for Asia at Manulife Investments, said the partnership would “broaden access to our multi-asset income solutions, which are designed to deliver consistent and competitive income opportunities across varying market conditions.”
The new solutions focus on income generation rather than equity appreciation, drawing from a wide mix of traditional and non-traditional assets such as preferred securities, real estate investment trusts (REITs), and option writing.
The strategy seeks to manage volatility, enhance yields and provide downside protection, according to the companies.
BOCHK, one of Hong Kong’s three note-issuing banks, has been expanding its wealth management offerings in Southeast Asia, while Manulife Investments continues to strengthen its regional retail distribution footprint.
Business News Asia
