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HK-China MRF tipped to render QDII obsolete

Richard Newell
The Hong Kong-China mutual recognition of funds scheme will drive QDII product liquidations and make the scheme redundant, argues Neil Flynn of Z-Ben Advisors.
HK-China MRF tipped to render QDII obsolete

Consultancy Z-Ben Advisors has forecast the recent mutual recognition of funds (MRF) initiative will drive further liquidations of qualified domestic institutional investor (QDII) product, to the point that it renders the domestic scheme redundant.

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