AXA Investment Managers gets regulatory nod to expand its fund offerings in Singapore and Hong Kong.

AXA Investment Managers, the French asset management firm, has received regulatory approval to expand its fund offering in Hong Kong and Singapore, according to a statement.

The move effectively increases the firm's total number of registered funds to 13 in Singapore and 23 in Hong Kong. In the city-state, the new funds include AXA WF Framlington Europe, AXA WF Framlington Global Real Estate Securities and AXA WF Framlington Health, while the Hong Kong launch includes  AXA World Funds–Framlington American Growth, AXA WF Framlington Emerging Markets and AXA WF Framlington Euro Relative Value.

The bond strategies are managed by the fixed income team, while the equtiy products are handled by AXA Framlington. 

This latest move complements efforts to expand in the region, it says. Early this year, the company named Jim Veneau, from HSBC Global Asset Management, as head of credit for Asia. 

AXA Investment Management's Asia presence covers Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan, the Philippines, Thailand and Vietnam.