Barings obtains RQFII licence

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Baring Asset Management has obtained a Renminbi Qualified Foreign Institutional Investor (RQFII) licence from the China Securities Regulatory Commission, giving the manager further access to Renminbi denominated securities.

The RQFII licence facilitates investor access to both equities and bonds, as well as ensuring daily liquidity for open ended funds – the licence gives asset managers quotas, which can be used to allocate to a single asset class if desired, say, just to bonds. The Chinese onshore bond market is estimated at $5trn by Barings.

David Stevenson, head of Business Development at Baring Asset Management, said: “Barings has been a major player in Hong Kong and mainland China for many years and has extensive experience of the market.  The RQFII programme is further evidence of China’s integration into mainstream global financial markets, and there are clear benefits for investors looking for onshore opportunities in the world’s second-largest economy.  This is a natural evolution for Barings’ business in China and will support the significant on-going developments we have in the region.”


Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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