According to Lin Lijun, CEO of China Universal Asset Management, a fund house headquartered in Shanghai ... Does the investor have enough QFII or RQFII quota to implement the desired asset allocation? And if not, would it be desirable to implement.
Blackrock overall has a total of $4.91bn in its investment quota to invest onshore in China, the firm said. In the past, Blackrock Asset Management North Asia was ... The cumulative amount of RQFII quotas issued to foreign investors since the program.
China has announced it is giving a 50 billion yuan (US$8.2 billion) quota to Australia under the Renminbi Qualified Foreign Institutional Investor (RQFII) program in an ... officer of Hong Kong-based CSOP Asset Management, says China is adapting to foreign.
In addition, China Universal Asset Management had been planning to launch its RQFII ETF this month. Beijing granted fundraising allocations under the RQFII scheme worth 15.6 billion yuan to 14 financial institutions last month, the biggest monthly quota.
Goldman Sachs Asset Management Chairman Jim O’Neill in September ... The nation will “definitely” expand the quota provided to foreign investors under China’s Qualified Foreign Institutional Investor program once the $80 billion current allotments.
Among the first batch of RQFII, ChinaAMC got a top share of the quota, at 1.2 billion yuan. CSOP Asset Management, Harvest Fund, Da Cheng International, China Universal, HFT Investment, Bosera Funds, and HuanAn Funds, each received a share of 1.1 billion yuan.
HONG KONG, March 2 (Reuters) - A subsidiary of BlackRock Inc has become the first United States-based asset manager to be awarded a Renminbi Qualified Foreign Institutional Investor (RQFII) quota to invest in ... BlackRock Asset Management North Asia.
A lack of fresh quotas has proven challenging to asset managers in the world’s biggest offshore yuan hub. China CSOP Asset Management, the biggest RQFII player with an aggregate quota of 46.1 billion yuan, had to free up quotas from other products to.