More Hong Kong fund houses share strategies for MRF
Several fund houses are planning to be among the second wave of groups authorised to sell their funds via the cross-border scheme
More fund houses have come out to share their plans to participate in the Hong Kong – China mutual recognition fund (MRF) scheme. These include French fund house Amundi, local group Hang Seng (which has a retail banking and an asset management business) and US fund house Principal International.
Xiaofeng Zhong, Amundi’s chief executive for North Asia, said it hopes to be in the second batch of applicants for funds to be approved under the MRF scheme.
At a briefing last Friday, t…
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