JV to launch China’s first multi-manager fund
Ping An Russell Investments will provide access to domestic hedge fund managers in a product for both wealthy clients and US dollar investors through QFII.
Joint-venture Ping An Russell Investments is preparing to launch China’s first multi-manager fund for domestic high-net-worth individuals early in the third quarter of this year.
The firm, formally established in April 2011, will provide access to the same set of selected domestic hedge fund managers as Russell Investment will for US dollar investors through its forthcoming qualified foreign institutional investor (QFII) equivalent fund.
Ping An Russell has been researching dome…
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