Lion Global Investors given RQFII licence
Lion Global Investors has become the latest company to be awarded a Renminbi Qualified Foreign Institutional Investor (RQFII) licence, which will allow it to invest in Chinas domestic capital markets.
Lion Global Investors has become the latest company to be awarded a Renminbi Qualified Foreign Institutional Investor (RQFII) licence, which will allow it to invest in Chinas domestic capital markets.
Aberdeen Asset Management has received its first RQFII licence, allowing it to become the latest company to invest directly into Chinas A-share market.
Amundi Group is planning to expand into Asia, according to its chief executive officer, Pascal Blanqué,
Ashmore appears to be stepping up its activity in the Middle East, with the appointment of its former Turkey chief executive to lead its efforts in Saudi Arabia.
Lyxor has listed a China A-shares ETF on the London Stock Exchange in a bid to take advantage on increased investor appetite for the market.
A Chinese inquiry team has visited the offices of Morgan Stanley Huaxin Securities in Shanghai to further an ongoing investigation into a former official who was held in August on suspicion of taking bribes, the Financial Times has reported.
UK authorities have been warned that attempts to establish London as a hub for Chinese currency dealing could be scuppered by the increased use of the renminbi by money launderers.
Heptagon Capital has announced the launch of the first actively managed China A shares fund to provide daily liquidity under the RFQII program.
Two leading Chinese banks have been accused of breaking foreign exchange rules by helping people take money out of the country.
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
From the UAE to Singapore, the asset management industry is witnessing huge regulatory change. Here KPMG provides a concise breakdown of what you need to know.
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.