Are trust firms set to re-ignite QDII interest?

Ping An Trust is poised to launch its first QDII product for professional investors more than two years after receiving its licence in a move that may point to underlying Chinese demand for alternative assets overseas. It is expected the firm will need to rely on offshore asset managers, at least initially, in its efforts to provide exposure to alternatives not yet available on the mainland. The company, a subsidiary of insurer Ping An, revealed this week it had obtained a $300 …