QFII investors bogged down by burdensome tax filings
International investors are finding the compliance around qualified foreign institutional investor (QFII) licences burdensome as they prepare to file their tax returns before the July deadline.
International investors are finding the compliance around qualified foreign institutional investor (QFII) licences burdensome as they prepare to file their tax returns before the July deadline.
The huge surge in money flowing into Hong Kong stocks, which pushed the Hang Seng Index up to a seven-year high earlier this month, has been linked to a recent change in the Stock Connect initiative. But fund managers said the change was only a catalyst for the influx in funds.
A new rule which allows Chinese mutual funds to invest in Hong Kong-listed shares without a domestic institutional investor licence (QDII) is an “important signal” that regulators are eager to boost cross-border trading between the two regions.
As emerging markets continue to splinter it is time to take an active position, says Wells Fargos Anthony Cragg. Right now his focus is on China, where he believes the greatest EM opportunities lie.
Asset management firm Old Mutual Global Investors has appointed Simon Mackinnon to support its expansion in the Asia Pacific region.
East Capital said its UCITS-compliant China fund has become the first to be allowed to invest up to 100% of its portfolio in Chinese A-shares through the Stock Connect program.
Global investment manager Aberdeen Asset Management has launched a China A-share fund with the aim of achieving long term growth for investors through the Chinese stock market.
Pictet Asset Management has launched the Pictet Chinese Local Currency Debt fund.
Economic growth in India is going to overtake China as early as next year, according to Threadneedles head of Asian equities.
Allianz Worldwide Care has launched three healthcare plans aimed at expats and local nationals living in Shanghai.
Axa Investment Mangers has been granted a Qualified Foreign Institutional Investor (QFII) licence to invest into the China A-shares market.
Mainland high net worth clients are looking for A-share funds and offshore RMB-denominated products while showing increased interest in US exposure, according to Wing Lung Bank.