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Vanguard secures first RQFII licence in Australia

Toby Yiu
The CSRC has awarded Australia's first RQFII licence to a Vanguard subsidiary. And with the renminbi scheme expanding rapidly, last week Deutsche revealed it had received Germany's first licence.
Vanguard secures first RQFII licence in Australia

Vanguard has become the first fund house in Australia to receive an RQFII licence, and is now waiting for a renminbi quota.

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