Aberdeen will focus on fixed income for new QFII quota

Aug 15, 2010

The UK-based asset manager wants to build up its bond franchise, with China central to its plans, but renminbi funds in Hong Kong are not currently on the agenda.

Aberdeen Asset Management has received a qualified foreign institutional investor (QFII) licence, allowing it to invest in domestic Chinese securities. The UK firm says it expects to have the quota amount confirmed in the next few months, but says it has no firm time line, “as this clearly is not in our hands”.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]