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

Eastspring Investments
Eastspring Investments, a $269 billion asset management business of Prudential, has launched the Eastspring Investments – Asia Technology Innovation Fund in Singapore and Hong Kong. The fund will also be progressively available to other select markets in the region, the firm said in a statement.

The fund is driven by a high conviction, actively managed strategy focused on the rise of Asian innovators powering the next wave of technology and AI. Looking beyond global tech, the fund aims to uncover and invest in Asia's next generation of technology leaders benefitting from AI, digitalisation and innovation trends. It spans established leaders and emerging innovators, many of which are often underrepresented in global benchmarks. It is led by lead portfolio manager and head of Asia tech team, Eric Lin, co portfolio managers Louis Cheng, and Jack Hsu, and head of growth equities, John Tsai.

“Technology continues to reshape industries, business models and everyday life at an unprecedented pace... Asia plays a central role in powering global technology. But we will still have to be selective and active management is critical in identifying the most compelling opportunities while navigating the sector’s inherent volatility," Vis Nayar, chief investment officer at Eastspring Investments, said. â€śAsia is at the centre of global technological transformation... by combining our deep regional expertise with a disciplined active investment approach, we aim to help investors capture long-term capital appreciation opportunities arising from Asia’s increasing importance in global innovation and technology supply chains," Salman Haider, chief distribution officer, Eastspring Investments, added.

SingWealth Holdings
Yesterday, Singapore-headquartered SingWealth Holdings announced the official launch of its Hong Kong-based asset management arm, PFP Capital Limited.

PFP Capital has established its inaugural private fund, intended solely for those classed as professional investors. The fund adopts a global thematic strategy across Greater China, the US, Japan, and South Korea, seeking to identify high-quality businesses aligned with long-term technology trends, including artificial intelligence and other innovation-driven themes.

The Hong Kong entity is licensed by the Hong Kong Securities and Futures Commission (SFC). 

Leading the investment strategy is Wendy Zhang, fund manager of PFP Capital, with more than 25 years of investment experience across public markets and private equity.

"As global markets continue to evolve, we see increasing demand for professionally managed strategies that help investors navigate emerging opportunities with discipline; Hong Kong remains a strategic base for our asset management arm,” Jeffrey Chow, executive director and group CEO of SingWealth Holdings, said.