Allianz repositions Philippines fund

The Allianz RCM Philippines fund has been repositioned into an emerging Asia strategy.

In addition, the group has also merged its Malaysia and Singapore funds into the repositioned fund as these were very niche, single country funds.

Launched in the 1980s, the Allianz RCM Philippines fund was repositioned in July this year. The group says there has been no fund closure or launch, the track record and the existing International Securities Identification Number (ISIN) have been carried forward.