Lion Global eyes quota for RQFII fund trio
The firm became the sixth Singapore fund house to be awarded an RQFII licence. Its chief executive, Gerard Lee, outlines its plans and views on investor demand.
Singapore-based Lion Global Investors has unveiled plans to launch a suite of RMB-denominated unit trust funds after being awarded an RQFII licence.
The firm, which had $25.8 billion in assets under management as of June 30, was notified of its renminbi-denominated qualified foreign institutional investor (RQFII) licence by the China Securities Regulatory Commission late last month.
The regulator has yet to announce this licence publicly. Lion Global becomes the sixth Singapore …
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