Surge in RQFII quotas leads to growth in products

06/4/2013 | AsianInvestor.net

May saw a record 15.6 billion yuan in renminbi-qualified institutional investor quotas spread over 14 RQFIIs, and asset managers are responding with a wider range of products under freer rules. "We currently have an RQFII bond fund [and] we plan to launch an equity-centric fund with the fresh RQFII quota," said Nathan Lin, general manager at GF International Investment.

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