Wellington Management has expanded its wealth coverage in Asia with the launch of four new investment funds, which will be available to retail investors in Hong Kong for the first time.

The four UCITS funds are modelled on strategies that have proved successful in the United States and Europe over a multi-year period, says Samuel Hui, Wellington’s managing director, Asia-Pacific, global wealth management group.

These are the US Quality Growth Fund, Credit Income Fund, Multi-Asset High Income Fund and Global Property Income Fund. The solutions are focused on income distribution, diversification and capital growth opportunities.

Scott Geary, Wellington’s senior managing director and head of client group for Asia-Pacific, says: “Hong Kong is integral to our Asia strategy and today’s launch is a natural client-servicing progression and an extension of our business commitment to the market. Our partners are increasingly merging their private banking and consumer banking units globally – and are looking for products that can be offered across their private and mass affluent client base.”