Schroders re-opens Asian income fund after asset drop
After hitting a peak in March, Schroders' Asian asset income fund lost 30% of its assets. The firm is now on a fundraising push and has launched a renminbi share class for the product.
Schroder Investment Management is re-opening its Asian asset income fund in an effort to boost assets, which have dropped by almost a third from their peak earlier this year. It has also launched a renminbi-hedged share class for the product.
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