Wellington Management has registered three new investment funds in Singapore. The Wellington Asia Credit Income Fund, Wellington Asia Quality Income Fund, and Wellington Global Equity Income Fund seek to serve the income and capital growth needs of high-net-worth individuals and the mass affluent segment.
“The Wellington Asia Credit Income Fund expands the firm’s fixed income platform, while offering further diversification benefits, and potentially attractive risk-return potential,” says Elizabeth Chisholm, head of client group, Asia-Pacific.
“With our two equity income funds, the Wellington Asia Quality Income Fund and Wellington Global Equity Income Fund, we are offering two complementary approaches: access to dividend-paying Asian companies with a quality focus, as we believe Asia is considered a fertile hunting ground for world-class companies with growing attention to governance and shareholder returns; and a diversified approach to global, large cap companies that can provide potentially robust total returns and steady income.”
Wellington offers a comprehensive range of investment products across equities, fixed income and multi-asset for the retail segment within the wealth channel in Asia. Its Singapore office, which opened in 1996, has over 100 staff representing a broad range of functions, including investment management and research, global relationship management, product management, and legal and compliance.