Axa China taking MPF business to retail

Expanding product and a senior hire aim to make Axa a leader in Hong Kong''s wealth management space.

Hong Kong-based Axa China Region Insurance plans to register a series of unit trusts with the Securities and Futures Commission in order to break into the Hong Kong retail funds market, says Mark Wilson, CEO. The move is designed to bolster the firm’s bid as a leader of wealth management services in the territory, building upon last year’s launch of a multi-manager platform for its MPF business.

It is accompanied by the hiring of Francine...

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