Investment - All Articles
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Special Briefing on China market access, Part III: Mutual Recognition, the next big thing?
The China-Hong Kong Mutual Recognition scheme, which will allow funds in China to team up with funds in Hong Kong to market each other's products in their respective markets, could prove to be a crucial part of China's capital account opening. When it finally launches, it will open up a Rmb30tr ($4.8tr) industry to foreign fund managers. And for domestic buyers, mostly retail, it will create a new offshore channel.
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Citi offers regulated funds a way into Stock Connect
Alternative Investment Funds (AIFs) and funds governed by European Union directives on Undertakings for Collective Investment in Transferable Securities (Ucits), can now trade A-shares through the Shanghai-Hong Kong Stock Connect scheme thanks to the development of a solution at Citi's depositary bank business, the firm said on January 16.
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UBS (China) launches debut RQDII product, offers exposure to US HY
UBS (China) has launched the first product under China’s newly launched renminbi-denominated qualified domestic institutional investor (RQDII) scheme, spokespeople for the bank have confirmed to GlobalRMB. The product will make investments related to high yield credit-linked notes issued in North America, according to a memo issued by the bank last week.
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ICBC Ucits fund sets benchmark for European RQFII sector
Industrial and Commercial Bank of China's European arm wrapped up a series of investor meetings in December for its debut Renminbi Qualified Foreign Institutional Investor (RQFII) fund, which it had established in Luxembourg in October. As the very first RQFII fund to have 100% exposure to China’s domestic bond market, the benchmark product has attracted big interest from European investors, as well as some concerns about what is still a new concept, the bank has told GlobalRMB.