Eastspring Launches US Equity High Income Fund Investing in Amundi
What happened
Eastspring Investments Berhad launched the Eastspring Investments Partner Series - US Equity High Income Fund for Malaysian investors. The fund invests at least 85% of its assets in the Amundi Funds - US Equity High Income Fund, known as the Target Fund.
From manilatimes.net
Why it matters
The fund is designed to provide a regular income stream while participating in the long-term growth potential of the US equity market. The Target Fund typically allocates over 50% of its assets to US equities and up to 50% to equity-linked notes.
From manilatimes.net
Who's involved
- AmundiProvider of the Target Fund, which receives the majority of the new investment capital.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AmundiSpeculative
Amundi could see increased revenue from the direct capital inflow generated by the newly launched Eastspring fund.
Keep exploring
The entities involved
-
Amundi
French subsidiary jointly created by Crédit Agricole and Société Générale
-
Malaysia
country in Southeast Asia