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HSBC building passive RQFII hub in London

Having shuttered its passive business in Hong Kong, the firm will confine its RQFII quota there to actively managed products, while London will be home to its passive RMB strategies.
HSBC building passive RQFII hub in London

HSBC Global Asset Management is in the process of building up its passive RQFII business in London, having shuttered its passive unit in Hong Kong earlier this year.

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