BMO plans investment team to run HK funds

Sep 25, 2013

BMO Global Asset Management is moving to hire staff for a Hong Kong-domiciled funds platform – with ETFs the first products planned – and to build up its Asia sales team.

BMO plans investment team to run HK funds

Canada's BMO Global Asset Management plans to set up an investment team in Hong Kong for locally domiciled products, with a view to selling them into China once the proposed mutual recognition agreement is in place. It also aims to strengthen its distribution capabilities in Asia.

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