On August 2, wealth manager Paragon Capital Management Singapore (PCMS) announced the launch of Paragon Income I, an income-oriented fund that aims to provide a stable return for accredited investors over the longer term.

The open-ended fund has a monthly subscription and redemption cycle, and a minimum subscription of US$200,000 ($270,709).

According to PCMS, Paragon Income I will invest across a global credit spectrum using an “unconstrained and high conviction income approach” that allows for flexibility to adjust the portfolio allocation in response to evolving market conditions.  

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