Fund Management

What's New In Investments, Funds? - UOB

Editorial Staff 18 June 2019

What's New In Investments, Funds? - UOB

The latest in funds and investments across Asia-Pacific.

UOB Asset Management
UOB Asset Management has launched the United Global Innovation Fund, aimed at retail investors wanting to put money into innovative enterprises of different market capitalisation across sectors and regions.

Investments are made in companies from both developed and emerging markets across sectors, such as healthcare, finance, software and services, transport, manufacturing and retail, UOB AM, part of Singapore-based UOB, said in a statement yesterday.

The firm said that the fund suits investors who are seeking long-term capital appreciation and are comfortable with the volatility and risks of investing in an equity fund. The initial minimum subscription sum is S$1,000 or $1,000, it said.

As reported last week, UOB Venture Management Pte, a wholly-owned subsidiary of Singapore-based United Overseas Bank, is launching its second impact fund – focused on Asia - in the second half of 2019.

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