Overhaul to give QDII scheme renewed impetus
The CSRC is proposing a raft of liberalisations to broaden its QDII programme, potentially presenting new sub-advisory opportunities for foreign fund houses.
International fund houses will have greater opportunity to seek sub-advisory work with Chinese firms as the nation’s securities regulator readies a series of liberalisations to broaden its QDII scheme. However, sources suggest they will need to offer a more in-depth service to win such business.
The China Securities Regulatory Commission (CSRC) has initiated a public consultation to run until April 13 as it looks to ease a number of restrictions for its qualified domestic inst…
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