ICBC Credit Suisse goes solo on QDII investments
As Credit Suisse pulls back from traditional and long-only investing in Asia, managers in the China JV decide they are ready to take over the responsibility for its overseas portfolio.
ICBC Credit Suisse Asset Management's Global China Opportunity Equity Fund was the fifth QDII fund to be launched in China. Now it is set to become the first to be managed without a foreign sub-advisor.
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