HFT readies landmark money market fund
HFT Investment Management's HK arm is set to launch the first RQFII money market fund. Meanwhile, RQFII applications are being readied in Singapore, and more RQFII and QFII quota has been awarded.
The offshore branch of China's HFT Investment Management is readying the first money market fund under the renminbi qualified foreign institutional investor (RQFII) scheme, while asset managers are said to be seeking RQFII licences in Singapore.
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