The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

August Global Partners
August Global Partners, a Singapore-headquartered healthcare and technology investment house, has closed money raising on its second fund, the AGP Healthcare Fund, which has reached $150 million â€“ an amount surpassing initial targets.

AGPHC secured commitments from a base of financial, institutional and strategic limited partners spanning Asia, Europe, and North America.

Together with its inaugural vehicle, the AGP Continuation Growth Fund ("AGPCG"), AGP manages a total of $350 million in assets under management. 

"AGP stands apart through our deep sector expertise, trusted global networks, and the commercial agility to navigate the complexities of the healthcare landscape,” Chu Swee Yeok, chair and founding partner, said. 

InnovestX Securities Co
InnovestX Securities Co, part of Thailand’s SCBX Group, has joined forces with Invesco and Invesco Great Wall (IGW) to introduce Thailand’s first Depositary Receipt (DR) linked to China’s innovation-driven companies. 

The new instrument, DR23: CHNXT5023, references the Invesco Great Wall ChiNext 50 exchange-traded fund. It officially started trading on the Stock Exchange of Thailand yesterday. 

This launch marks the first time that Thai investors are able to directly access the ChiNext 50 Index ETF. Investors can trade in Thai Baht, removing the need to convert currencies, and bypassing other restrictions.

“This new DR broadens the gateway for Thai investors to tap into China’s dynamic growth sectors with greater ease and transparency,” Asadej Kongsiri, president of the Stock Exchange of Thailand, said. “The launch marks another significant step forward in strengthening the partnership between the Thai and Chinese capital markets.”