Manulife launches small cap Asian equity products
Manulife Singapore and its asset management arm have launched two investment products that they say will allow investors to tap on Asia's "hidden gems".
The products are the Manulife Asian Small Cap Equity Fund, an investment-linked policy sub-fund, and Manulife Funds - Manulife Asian Small Cap Equity Fund, a sub-fund of a unit trust.
They will invest in listed firms in Asia that have smaller market capitalisations.
Small and mid cap stocks in emerging markets in Asia tend to be under-researched and do not have a wide following among industry analysts, which suggests ample opportunities to benefit from pricing inefficiencies and catalysts that unlock value, Manulife said in a statement on Wednesday.