After launching a fixed income mutual fund in China, Taiwan's Yuanta will roll out a more unusual cross-border ETF, a big step forward for China, Hong Kong and Taiwan.
Early reports say Shanghai’ s executive vice-mayor Tu Guangshao has been named chairman of China's sovereign wealth fund, which may give it more allocation freedom.
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.