HFT HK outlines Greater China growth plans

The Hong Kong arm of Shanghai's HFT Investment Management has aggressive plans for Greater China as it aims to roll out more products and expand its advisory business. The firm received a qualified foreign institutional investor (QFII) licence in May, allowing it to apply for QFII quota and ultimately manage QFII funds. HFT IM is a joint-venture between BNP Paribas Investment Partners and mainland firm Haitong Securities. HFT aims to roll out a number of RMB-denominated open-end…