AIA-JF joins MPF multi-manager trend

The provider will add three Allianz Global Investor funds to its offering for scheme members.

Open architecture, an emerging trend in the Mandatory Provident Fund system in which providers put rivals' funds on their platforms, has received another boost. American International Assurance AIA and JF Asset Management, which have a joint venture master trust for MPF members, are introducing three lifestyle funds from Allianz Global Investors, which runs its own MPF master trust business.

This move follows the announcement at the start of the year by Axa China Region that it...

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