The latest in funds and investments across Asia-Pacific.

CITIC Securities Brokerage
CITIC Securities Brokerage (HK) has launched CITICS Plus, a wealth management account that offers a wide range of financial products, professional services and asset management solutions to help high net worth individuals.

Customers can access diversification from multi-asset investment opportunities across mutual funds, bonds and structured products. Customers will also enjoy the high-end airport lounge experience bought by Plaza Premium First's welcome gift card.

From now until 31 December 2018, customers can become a CITICS Plus customer with a minimum account opening balance of HK$3 million ($384,000). 

UBS
UBS Asset Management has launched its China Flexible Bond Private Fund Series1, the second private fixed income fund rolled out by the organisation’s wholly foreign-owned enterprise in China, a sign of how international firms are tapping into the Asian market. 

The fund was registered with the Asset Management Association of China (AMAC) on 20 September. It is the third fund to be launched by the WFOE since it received a Private Fund Management (PFM) licence in July 2017, UBS said in a statement. 

“We have combined UBS fixed income team's investment expertise with local investment practice and plan to use the full spectrum of fixed income instruments, including credit, repos and interest rate derivatives strategies, to give investors more flexibility in accessing yield and liquidity,” Brian Hayden Briscoe, head of Asia-Pacific fixed income at the asset manager, said: "UBS has been consistently positive about the potential of China's bond market and this high-yield market is attractive worldwide. UBS AM has spent in excess of 18 years on research and investment of onshore/offshore RMB fixed income products and plans to bring more of its advantages in fixed income and well-established investment ideas to China."