\n<\/p>\n
HONG KONG SAR – Media OutReach<\/a> \u00a0<\/p>\n The Smart Beta Fund seeks to provide professional investors1<\/sup> \u00a0<\/p>\n The crypto fund debut will come on the heels of the Company’s recent \u00a0<\/p>\n ‘Investing in digital assets like cryptocurrenies has become an \u00a0<\/p>\n Mr. Gavin Ho, Strategy Director of Axion Global Asset Management HONG KONG SAR – Media OutReach – 28 January 2022 – Axion Global Asset Management Limited (“AGAM” or the “Company”), a subsidiary of Edvance International Holdings Limited (SEHK stock code: 1410.HK), is set to make its debut in the cryptocurrency space with a new flagship product, Smart Beta Fund SP (“Smart Beta Fund”), after receiving …<\/p>\n","protected":false},"author":1,"featured_media":20072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20235"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=20235"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/20072"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=20235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=20235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=20235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n– 28 January 2022 – Axion Global Asset Management Limited<\/b> (“AGAM” or the
\n“Company”), a subsidiary of Edvance International Holdings Limited (SEHK stock
\ncode: 1410.HK), is set to make its debut in the cryptocurrency space with a new
\nflagship product, Smart Beta Fund SP (“Smart Beta Fund”), after receiving
\napproval from the Securities and Futures Commission in Hong Kong (“SFC”) to
\nmanage portfolios that invest up to 100% in virtual assets. <\/p>\n
\nwith superior risk-adjusted returns by tracking the Axion Global Smart Beta
\nLiquidity Index. The Index, which has consistently outperformed industry
\nbenchmarks, is comprised of the top ten eligible cryptocurrencies by market capitalisation
\nweighted by proprietary investment factors. Total assets under management (AUM)
\nfor the fund is expected to reach US$100 million.<\/p>\n
\nlaunch of Axion Global Innovations Fund that invests in early-stage ventures in
\nthe burgeoning blockchain and digital assets ecosystem. As an asset manager
\nspecialising in different blockchain and digital asset investment strategies,
\nthe Company will continue to roll out more products to capture returns for
\ninvestors.<\/p>\n
\nirresistible huge trend. By launching the Smart Beta Fund, we will be able to
\noffer a secure and regulated investment vehicle for professional investors to tap
\ninto the rapidly growing cryptocurrency market,’ said Mr. Scottie Siu,
\nInvestment Director of Axion Global Asset Management Limited<\/b>. ‘As part of
\nthe collective effort to enhance the regulatory landscape for digital assets, we
\nwork with reputable custodians and best-in-class trading platforms such as BitGo
\nTrust, Coinbase and OSL, leading legal advisors Baker McKenzie and Mourant
\nOzannes, as well as expert virtual asset fund to establish and operate the fund
\nin accordance with the highest industry and regulatory standards.’The AGAM team
\nwas also supported by Sidley Austin, the leading legal advisor, during the
\napproval process with the SFC.’<\/p>\n
\nLimited <\/b>commented, “We are thrilled that Axion Global Asset
\nManagement has received regulatory approval to make inroads into the virtual
\nasset fund management sector. We see
\ntremendous potential and demand for innovative digital asset products and
\nofferings in the years to come. Backed by our
\nparent company Edvance International, which has been a leader in the
\ncybersecurity space for over 20 years, we are at forefront of the industry to
\nride the digital asset wave.’<\/p>\n[1] The term “professional
\ninvestor” has the meaning as defined under the Securities and Futures Ordinance
\n(Cap. 571 of the Laws of Hong Kong) and its subsidiary legislations.<\/p>\n<\/p><\/div>\n\n
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