Principal readies QFII quota, targets HK build-out

Feb 22, 2012

The firm may apply for up to Rmb300 million to provide an A-share strategy in a QIF structure out of Dublin. It also plans to apply for a type-1 licence in Hong Kong, where it is eager to add resources.

Principal readies QFII quota, targets HK build-out

Principal Global Investors is preparing to apply for a QFII quota with the goal of offering an A-share strategy to institutional clients globally via a qualified investor fund (QIF) out of Dublin.

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