Beijing has relaxed the renminbi qualified institutional investor (RQFII) quota rules, as it did for the QFII scheme in February. It is hoped the move will address capital-repatriation hurdles to MSCI inclusion.
RMB globalisation
Internationalisation of the renminbi is one of the key themes for China's, and broader Asia's, asset management industry.
In allowing its currency to be subject to so much speculation, Beijing risks investors losing faith in mainland assets, says Julius Baer's Asia head of research.
Former US Federal Reserve chairman Ben Bernanke said emerging-market borrowers were not too badly exposed to the threat of a rising US dollar.
AsianInvestor has asked and answered 10 key questions for investors in the Year of the Monkey. Here we predict what will happen to the renminbi this year.
The ratcheting of US-China trade tensions could lead to a possible devaluation in the renminbi, which would damage the case for holding Chinese assets.
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.
Following China's recent issuance of dollar and euro government bonds, AsianInvestor asks investors if mainland debt can become an alternative to US Treasuries.
For a China looking to internationalise its currency, the Russian banking crisis could make it a force to reckon with; Family offices remain drawn to the city’s tax incentives, political and currency stability, clear regulatory framework and good schools for their children; Indonesia’s new wealth fund is talking to more than 100 investors; AIA set to boost exposure to Asian infrastructure 'as much as possible'; and more.
How long will the renminbi stay on the weak side as the China-US rate paths diverge? Has the currency been undervalued? Fund managers have different views.
Fund managers in the US are sceptical that China's bond market can become a strategic allocation until the renminbi is fully convertible.
The International Monetary Fund’s designation of the renminbi as a reserve currency will not affect MSCI's decision on including China A-shares in its global emerging-markets index.
The Taiwanese insurer will boost its overseas fixed-income allocation in developed markets, but is reducing its renminbi debt exposure and remains underweight equities.