BEA Union to test online delivery with Tianhong
The Hong Kong fund house is making its first foray into digital distribution by partnering Tianhong to sell a bond and currency fund under the mutual recognition scheme.
The chief executive of BEA Union Investment Management, Eleanor Wan, has spoken of wanting to test online distribution in China after teaming up with Tianhong for its first fund under mutual recognition.
The firm submitted its Asian bond and currency fund to the China Securities Regulatory Commission (CSRC) for approval last month under the cross-border mutual recognition scheme, which was launched on July 1 to allow funds to be registered and sold in both Hong Kong and the mainla…
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