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Manulife partners Hang Seng Bank for income fund launch

Manulife Investments has partnered with Hang Seng Bank for the launch of its Global Equity Diversified Income fund in Hong Kong.

The fund will hold at least 70% in global stocks and use options strategies to deliver a targeted 10% annualised yield paid monthly.

The tie-up with Hang Seng Bank will see the product exclusively distributed through its branches for three months from 5 February.

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