Safe expected to revive QDII fund quotas

Jul 14, 2009

China Universal and E-Fund may be the last to launch active QDII strategies, as a host of passive and ETF products line up at Safe's door.

The QDII scene in China has been at a standstill ever since Schroders' China JV with the Bank of Communications launched its Bocom Schroders Global Selection Fund on August 22 last year. Three weeks later, Lehman Brothers collapsed, AIG was bailed out and Merrill Lynch was forced into a marriage with Bank of America.

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