Fubon outlines QFII, RQFII product plans

Taipei-based Fubon Asset Management plans to capitalise on recent moves to open and link the Taiwanese market to that of mainland China. These include applying for more QFII quota and launching new bond and equity product. The firm is preparing a new bond fund after China's central bank unveiled rules late last month formally allowing qualified foreign institutional investors (QFIIs) to access the mainland interbank bond market, which accounts for 95% of onshore bonds. QFIIs must …