Invesco goes public for first time with A-share retail funds
The firm is selling two China equity funds to retail investors through the public market after receipt of its third QFII quota. Previously it has only operated through private channels.
Invesco Asset Management has moved to use its QFII quota to offer public funds for the first time with the launch of two China equity products to give retail investors A-share exposure.
The firm was one of the first asset managers to receive a QFII licence as far back as August 2004, although until yesterday its focus had purely been on private placement.
But now it has launched the Invesco China Opportunity Fund III and the Invesco PRC Dynamic Equity Fund (PDE Fund).
The COF …
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