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Affin Launches New Fund For Investors Seeking Income From Major Developed Markets

KUALA LUMPUR, March 3 (Bernama) -- Affin Hwang Asset Management Bhd has launched its eighth fund in the series to offer investors a platform to gain exposure in major developed markets by accessing global funds.

The fund, Affin Hwang World Series-US Short Duration High Income Fund, is a wholesale feeder fund that aims to provide investors with regular income through investment in a portfolio of US high-yield bonds.

The company invests in the target fund, the Allianz US Short Duration High Income Bond managed by Allianz Global Investors US LLC.....