AZ Fund Management says it will launch an equity fund and a pure fixed income fund, while Asia Capital Reinsurance and Taishin Securities Investment Trust have also received QFII licences.
There is fear about a mooted 10% tax being applied retrospectively to gains made by QFII investors trading A-shares. Regulators are tipped to unveil answers in the next six months.
The ex-Soviet republics have bounced back and there's hope Russia's WTO accession will stir investments. But the closer you go to Europe, the worse it gets, says East Capital CIO.
Myo Capital will continue to manage its Master Fund for a select group of family office clients as Geoff Lee leaves the firm and DBS focuses on fund management distribution.
The primary focus in manager choice should be analysis of investment process, with historical performance relegated to a secondary role, says INTECH Investment Management.
Abhisit Vejjajiva also underlined a commitment to reforming the country's financial system in an address to delegates attending AsianInvestor's conference in Bangkok.