KUALA LUMPUR, March 26 (Bernama) — Hong Leong Asset Management Bhd (“HLAM”) today launched an open-end equity fund, Hong Leong Asia Pacific Equity Fund (“HLAPE Fund”) which is specifically designed for investors seeking capital appreciation over a medium to long-term investment horizon.
The HLAPE Fund will be actively managed by international fund manager Sumitomo Mitsui Asset Management (Hong Kong) Limited (“Sumitomo Mitsui Asset Management”) and aims to provide customers with capital appreciation through diversified investments into the Asia Pacific ex-Japan region.