Schroders aims to more than double its QFLP quota to help satisfy demand from Western institutional clients for access to domestic China growth and venture strategies.
The wind power-focused infrastructure fund pioneers the “QFII for alternatives” and puts Qianhai on the map.
Operational issues and uncertainties over marketing and disclosure on both sides of the border underline why this is no get-rich-quick scheme, says lawyer Effie Vasilopoulos.
The Japanese asset manager has set up a private equity joint venture, which may stimulate competition between Shenzhen and Shanghai and herald more such deals, said Z-Ben Advisors.
US dollar private-equity GPs and LPs fret about the explosion of Chinese RMB-denominated funds, but experienced players see upside too.