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

CBC Group
CBC Group, the Asia-based healthcare asset management firm, has closed its R-Bridge Healthcare Fund II with $500 million in total capital commitments. 

RBF II, which focuses on private credit, attracted a range of investors, including family offices and family institutions, CBC Group said in a statement this week.

“With RBF II, we are doubling down on our conviction that non-dilutive private credit solutions are a vital part of healthcare capital markets globally from Europe, Asia and the US,” Dr Michael Keyoung, senior managing director and head of private credit and royalty at CBC Group, said.

The firm deployed its private credit and drug royalty strategy in 2020.
 

Value Partners Group Limited
Value Partners Group Limited (together with its subsidiaries, Value Partners or the Group) is launching three Value Partners Money Market exchange-traded funds, a new suite of defensive investment solutions designed to help investors manage cash with enhanced liquidity, and efficiency. The ETFs will be listed on The Stock Exchange of Hong Kong today.

The three funds are Value Partners HKD Money Market ETF; Value Partners RMB Money Market ETF; and Value Partners USD Money Market ETF. They will invest primarily in a portfolio of short-term, high-quality money market instruments issued by governments, quasi-governments, international organizations, financial institutions and corporation.

The funds aim to deliver capital stability and steady income with low volatility, plus daily dealing without lock-up period to allow investors quick access to their capital. Traded on-exchange like stocks, they offer retail investors a flexible and convenient way to manage idle capital. At the same time, investors are offered additional options to diversify their portfolios across multiple issuers, while also strengthening portfolio resilience by generating potential yield through the utilisation of idle funds.

"The launch of our Money Market ETFs arrives during a favourable environment for this asset class. The ETFs allow investors to earn a competitive yield on their idle cash while maintaining a high degree of capital preservation and liquidity, meeting a critical need in today’s uncertain market climate,” Gordon Ip, chief investment officer, fixed income at Value Partners, said. “This initiative also highlights our ambition to capture growing retail demand for simple, transparent cash management tools, but also to contribute to a more vibrant and diversified ETF marketplace in Hong Kong."

Global money market funds have seen significant inflows, with assets under management reaching approximately $7.3 trillion as of 24 September 2025. This trend reflects a growing preference for capital preservation amid heightened macroeconomic uncertainty, the firm said. The Value Partners Money Market ETFs allow investors to participate in this defensive universe through accessible, transparent and flexible ETF solutions across three key currencies: the HKD Money Market ETF for local currency management, the RMB Money Market ETF to capture opportunities from the Renminbi's internationalisation, and the USD Money Market ETF for US dollar exposure.