HONG KONG SAR\u00a0November 2024 \u2013 Real Asset Management Group (RAM) is pleased to announce the launch of two new Securities and Futures Commission (SFC) authorised retail funds under its public Open-ended Fund Company (OFC): the RAM Hong Kong Government Bond Fund and the RAM Income Fund.<\/p>\n\n\n\n
This retail product expansion underscores RAM\u2019s ongoing commitment to investing in Hong Kong, the largest international asset management hub in Asia. RAM is one of a select number of international firms to obtain the premier financial licences required to establish a public OFC platform in Hong Kong. In support of its expanded business, RAM has added new talent to its investment management and distribution teams to further support local investor needs.<\/p>\n\n\n\n
\u201cWe have a decade-long history in Hong Kong and are excited about the opportunities ahead. Both funds leverage RAM\u2019s award-winning investment team, which brings extensive expertise in managing credit strategies and a strong track record of delivering consistent returns even in challenging market conditions,\u201d said RAM\u2019s Founder and Executive Chairman Scott Wehl.<\/p>\n\n\n\n
Mr. Wehl added that the two retail funds respond to rising demand from global investors for fixed-income products in Hong Kong, as demonstrated by RAM\u2019s private OFC, which has raised over HK$1 billion in the past year. Additionally, both funds qualify as eligible collective investment schemes under the New Capital Investment Entrant Scheme (New CIES). \u201cWe are pleased to see the strong demand from New CIES investors for our funds, which offer the benefits of monthly distributions and capital stability, making them a particularly attractive investment solution for income-focused investors,\u201d Mr. Wehl said.<\/p>\n\n\n\n
The Director-General of Investment Promotion, Ms. Alpha Lau, congratulated RAM on its expansion in Hong Kong. She said, \u201cI am delighted that RAM has chosen Hong Kong as the destination for its further expansion. RAM\u2019s presence here will enrich Hong Kong\u2019s offerings for global investors, as it brings expertise and experience in providing investment solutions in credit, real estate, and private equity markets.\u201d<\/p>\n\n\n\n
She added, \u201cThere is strong demand from New CIES (New Capital Investment Entrant Scheme) investors since the scheme\u2019s inception in March this year, providing a strong increase in opportunities for fund firms and asset management companies to expand their business in Hong Kong.\u201d<\/p>\n\n\n\n
About the Two SFC-Authorised Retail Funds:<\/strong><\/p>\n\n\n\n About RAM in Hong Kong<\/strong><\/p>\n\n\n\n RAM Investment Advisors Limited (RAMIA) is a subsidiary of the RAM Group and was incorporated in Hong Kong in May 2014 as a private company limited by shares. It is regulated by the SFC and holds licenses to carry out Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) regulated activities (CE No.: BGL803), subject to the applicable licensing condition. The senior management of RAMIA each have more than 25 years of experience in financial markets.<\/p>\n\n\n\n RAM is an alternative asset manager for institutions and wealthy families globally, headquartered in Sydney, Australia. As of the end of October, RAM has a pan-Asia presence with five offices in Sydney, Melbourne, Brisbane, Shanghai, and Hong Kong, and a team of over 170 finance professionals managing more than HK$27 billion in assets.<\/p>\n\n\n\n The content of this announcement is the sole responsibility of the issuer.<\/p>\n","protected":false},"excerpt":{"rendered":" This retail product expansion underscores RAM\u2019s ongoing commitment to investing in Hong Kong, the largest international asset management hub in Asia.<\/p>\n","protected":false},"author":1,"featured_media":3924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[118],"tags":[],"post-type":[],"class_list":["post-3527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-118"],"acf":[],"yoast_head":"\n\n
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