Deutsche Asset & Wealth Management (DeAWM) has been granted a Renminbi Qualified Foreign Institutional Investor (RQFII) licence by the China Securities Regulatory Commission, allowing the German asset manager to apply for quota in order to invest in China mainland securities. The award of the licence follows an agreement reached last year between Germany and China […]
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 […]
After obtaining the RMB Qualified Foreign Institutional Investors (RQFII) status by the China Securities Regulatory Commission (CSRC), Ashmore has launched three Sicavs on the Chinese market. The funds aim at offering a range of investment opportunities: Ashmore Chinese Debt Fund: seeks to access returns available from a strategy of Chinese debt securities issued by Sovereigns, […]
China is looking at relaxing rules for foreign investment in its financial markets in a bid to stimulate its domestic economy.
The China Securities Regulatory Commission has granted Principal Global Investors, a US global asset manager, Qualified Foreign Institutional Investor (QFII) status. The designation allows the firm to invest directly in the local China A-share markets.
China’s move to further open up the country’s wealth management sector to foreign players will shake up competition in what has been a protected local market.