GF International sets out RQFII plans
The Hong Kong subsidiary of China’s sixth largest mutual fund house launched its first RQFII mutual fund, with balanced funds and a segregated accounts business in the pipeline.
GF International Investment Management, the Hong Kong subsidiary of GF Fund Management, launched its first renminbi qualified foreign institutional investor (RQFII) mutual fund last week, a fixed income strategy.
The firm also recently signed a memorandum of understanding (MoU) with a Hong Kong bank to act as its RQFII adviser, and plans to roll out RQFII balanced funds and an RQFII segregated accounts business. Nathan Lin, CEO of GF International, declined to offer a timeline for…
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