BOSTON--(BUSINESS WIRE)--The 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) are now available. These informational notices provide further details on the sources of the funds' monthly distributions and follow the most recent distribution announcement. The table below provides an estimate of the sources of the Fund's current distribution and its cumulative distributions paid this fiscal year-to-date. A. ...

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / November 28, 2025 / On November 28, 2025, the Clough Global Opportunities Fund (NYSE American:GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0501 per share to shareholders of record at the close of business on November 17, 2025. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Compa ...

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / November 28, 2025 / On November 28, 2025, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0650 per share to shareholders of record at the close of business on November 17, 2025. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act ...

人民财讯11月28日电，香港证监会今天发出通函，公布一系列专为UCITS基金(已获认可的欧盟规管零 售基金)而设的认可后简化措施，以便利它们实施已符合其原属司法管辖区监管规例的变更。随着该些 措施今天生效，香港证监会预计UCITS基金须向该会提交的计划变更申请的数目将减少约一半。 ...

与此同时，中欧基金国际的员工也自发以个人名义自愿参与捐款，用点滴爱心凝聚帮扶力量。 我们向本次火灾中的遇难者致以深切哀悼，向受灾家庭致以诚挚慰问，向投身救援的工作人员致以崇高 敬意。中欧基金国际愿与社会各界携手，持续关注受灾社群的后续需求，助力受灾社群早日恢复正常生 活、重建家园。 （中欧基金国际官网） 香港大埔宏福苑突发火灾，受灾社群的生活困境牵动各界关切。中欧基金国际第一时间决定，以公司名 义向本次火灾受影响社群捐赠 10 万港元，助力解决其当下生活的燃眉之急。 本次捐赠的善款将通过香港圣公会福利协会有限公司（慈善团体免税档案号码：91/12581）运营的 "圣 公会心意行动 1126 火灾支持基金" 落实，善款将全数用于受灾民众的实际帮扶（不扣除任何行政费 用），具体包括为灾民提供现金援助或实物支援，涵盖购买应急用品、药物及搬迁至过渡性房屋等开 支。 ...

Group 1 - The core concept of the article emphasizes the importance of asset allocation planning in the context of an aging population and the challenges posed by declining pension replacement rates [3][4] - The initiative "UP向上，投资有温度" by 中信保诚基金 aims to provide comprehensive wealth management support throughout the investor's life cycle, focusing on investor education and professional investment decision-making [1][8] - The event in Hainan specifically addressed the new opportunities for asset allocation in the "longevity era," highlighting the need for proactive financial planning to ensure adequate retirement resources [3][4] Group 2 - The article discusses the demographic changes in China, including a significant drop in birth rates and an increase in life expectancy, which are leading to a declining pension dependency ratio, projected to fall to 2.3:1 in the future [3][4] - It emphasizes that diversified asset allocation is essential for achieving stable retirement outcomes, as relying solely on social security is insufficient for maintaining a quality lifestyle [4][6] - Public funds are positioned as a crucial component in addressing the pension funding gap and enhancing the pension security system, with a diverse product matrix that caters to various retirement needs [6][7] Group 3 - As of September 30, 2025, the number of personal pension funds has reached 302, with over 98% of these funds generating positive returns since their inception, providing investors with a wider range of retirement investment options [7] - The article highlights that public funds not only serve as financial products but also play a vital role in building a multi-tiered and sustainable pension security framework, complementing basic pension insurance and corporate annuities [7][8] - The company plans to continue its initiatives to support investors in their asset allocation journey, ensuring that retirement expectations are met with solid financial backing [8]

Core Viewpoint - The appointment of Wang Ying as the new chairman of China Merchants Fund marks a significant leadership change within the company, indicating a potential shift in strategic direction and management style [1] Group 1: Management Changes - Wang Ying has been appointed as the chairman of China Merchants Fund, succeeding Zhong Wenyue, who will no longer serve in this role [1] - Wang Ying has a long history with the China Merchants Group, having joined China Merchants Bank in January 1997 and held various senior positions, including assistant president and branch president in multiple cities [1] - Prior to her new role, Wang Ying served as the vice president of China Merchants Bank starting in November 2023 [1]

Core Insights - The Chinese public fund industry has reached a scale of 36.45 trillion yuan by the end of Q3 2025, marking a nearly 15% year-on-year growth, highlighting its increasing importance in connecting resident wealth with the real economy [1][5] - The upcoming "Southern Finance Forum 2025 Annual Meeting" will focus on the transformation and high-quality development of the fund industry, featuring discussions on ETFs and investment advisory services [1][2] Industry Development - Over the past five years, the public fund industry has shown significant transformation, including scale expansion, improved product ecosystem, and enhanced governance, with over 5 trillion yuan directed towards manufacturing and technological innovation [5] - As of August 2025, public funds held over 7 trillion yuan in A-share market capitalization, playing a crucial role in market stability and investor confidence [5] Future Outlook - The "Action Plan for Promoting High-Quality Development of Public Funds" has been introduced, emphasizing investor-centric reforms and aiming to realign the industry with its foundational principles [5] - The ETF market is expected to exceed 5 trillion yuan in 2025, with a growing adoption of ETF investment strategies among individual investors, reflecting a shift towards long-term, disciplined investment practices [7][8] Event Highlights - The 21st Century Fund Industry Annual Meeting will feature over 20 executives from major public fund institutions, alongside representatives from securities firms and private equity, fostering discussions on industry trends and strategies [2] - A special session on the "Buy-side Investment Advisory Project" will be held, including the launch of the "21st Century Gold Medal Investment Advisor Competition" [9]

Group 1 - The core point of the news is the appointment of Yang Yong as a new fund manager for the Guotai Haitong 120-day bond fund, which is managed by Shanghai Guotai Haitong Securities Asset Management [1][2] - Yang Yong has a diverse background in finance, having held positions at major financial institutions such as Bank of China, Ping An Bank, Guotai Junan Securities, and Yongying Fund Management [1] - The Guotai Haitong 120-day bond fund was established on June 6, 2024, and as of November 25, 2025, it has reported a year-to-date return of 2.37% and 2.19%, with cumulative returns since inception of 5.40% and 5.10% [1] Group 2 - The fund is classified as a public offering bond fund and is governed by relevant regulations such as the "Publicly Raised Securities Investment Fund Information Disclosure Management Measures" [2] - The fund manager change is categorized as an additional appointment, with Yang Yong joining existing manager Du Haoran in overseeing the fund [2]

Core Viewpoint - The article highlights the performance and potential of the Penghua Science and Technology Bond ETF, emphasizing its recent inflows and the favorable macroeconomic conditions for both equity and bond markets [1][2]. Group 1: ETF Performance - As of November 26, 2025, the latest price of the Penghua Science and Technology Bond ETF is 99.82 yuan, with a total scale reaching 19.85 billion yuan [1]. - The ETF has seen continuous net inflows over the past three days, with a peak single-day net inflow of 49.975 million yuan, totaling 89.9535 million yuan, averaging 29.9845 million yuan in daily net inflows [1]. Group 2: Market Outlook - The Futu Securities team projects a dual bull market for stocks and bonds in 2026, with a greater imagination space for equities, while cautioning against easily bearish views on the bond market [1]. - Key macroeconomic factors include a K-shaped economic recovery, central banks increasing their internal asset ratios, and a clearer upper limit on interest rates compared to the lower limit, suggesting a higher likelihood of declining bond market rates [1]. Group 3: ETF Advantages and Strategy - Compared to single bond buying strategies, the Science and Technology Bond ETF offers advantages such as low fees, low trading costs, high transparency, high diversification, and efficient "T+0" redemption, which helps mitigate investment risks and improve capital efficiency [2]. - The market for science and technology bonds is expected to expand under favorable policy conditions, with the ETF being the only indexed tool in the technology bond sector, enhancing its long-term allocation value and market influence [2]. - Penghua Fund aims to establish itself as a "fixed income index expert" by actively developing a range of fixed income products, with the total scale of bond ETFs exceeding 30 billion yuan [2].