RQFII funds will give offshore yuan depositors better yields than their bank accounts and are a step towards convertibility of the currency, say panellists at our RMB Rising event.
Baring Asset ManagementÆs planned expansion in Hong Kong highlights the importance of China to the firm, says Marino Valensise, global chief investment officer.
Irish firm Apex Fund Services is helping to nurture the relatively young mainland fund admin market.
Citi has been named sole custodian for Sumitomo Trust's new qualified foreign institutional investor programme in China.
Citi snags another QFII custody mandate; its first from a South Korean asset manager.