The two Chinese fund houses plan to launch physical RQFII ETFs in Tokyo as depositary receipts, making them the first such products to list outside Hong Kong.
Tag : a-shares
BlackRock’s exchange-traded funds arm is putting a new sales-support function in place, but has no plans to launch an RQFII ETF investing in A-shares.
Principal Global Investors names its first regional COO, as it seeks to tap asset-management opportunities in Chinese securities.
The sovereign fund has applied for a new $700 million QFII quota as regulators reportedly consider raising the $1 billion cap.
Aaron Boesky of Marco Polo Pure Investments is calling a 3,500-4,000 point level for the Shanghai market at the end of 2010.
The firm plans to fill its new $200 million QFII quota with a $140 million China A-share fund and a $60 million renminbi bond fund by the end of August.
Review/outlook series: Invesco is looking to avoid export-related exposure in the months ahead, says Paul Chan, Asia ex-Japan chief investment officer.
The China A Fund will broadly track the S&P/Citic 50 index.
GSAM offers global institutions access to its $200 million China A-share quota.