E Fund set to sell retail QFII fund by year’s end

E Fund Management (Hong Kong) is looking to launch a renminbi-denominated QFII retail fund by the end of the year, most likely a hybrid biased towards onshore China fixed-income instruments. The firm has completed due diligence and signed distribution deals with a number of local banks. Assuming it obtains regulatory approvals from the mainland (Safe, CSRC and PBOC) and Hong Kong (SFC), its RQFII product is expected to be available for retail investors before the end of December. …