The mainland securities regulator has given approval for asset managers to manufacture funds of funds, and some firms have been working towards this in recent months.
Tag : yinhua
The weakening renminbi has boosted demand for foreign assets, leading Chinese fund firms – already short of QDII quota – to suspend subscriptions or switch to using Stock Connect.
International custodian banks believe China’s qualified domestic institutional investor scheme will continue to bear fruit in the coming year.
Beijing-based fund house Yinhua has rolled out the most unusual arrangement in the QDII fund market to date.