The hedge fund giant and three other asset managers – Aberdeen, AllianzGI and BNP Paribas Investment Partners – have been approved to trade China's interbank bond market.
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Bank Negara Malaysia becomes the eighth manager to hit $1 billion in QFII quota after receiving $600 million in Safe's July batch. Ontario Teachers is among the other winners.
The sovereign fund has applied for a new $700 million QFII quota as regulators reportedly consider raising the $1 billion cap.
