Ten foreign managers have now received Qualified Domestic Limited Partnership (QDLP) licences after China revived the programme at the beginning of the year.

Ten foreign managers have now received Qualified Domestic Limited Partnership (QDLP) licences after China revived the programme at the beginning of the year.
This week the regulator approved three Hong Kong-domiciled products, which are aimed at eventual sale to mainland investors via the Mutual Recognition of Funds scheme.
China’s securities watchdog has released draft rules for consultation for the cross-border programme.
Amid pan-regional success, the past decade has seen Chinese family-owned corporates record a 15% average out-performance versus non-family-owned peers domestically, says Credit Suisse.
The British quant fund manager is the latest firm to register its private fund management (PFM) product onshore, according to the Asset Management Association of China (Amac) database.
FSA compares the Jupiter China Select Fund and the Matthews Asia China Dividend Fund.
Foreigners will likely own 15% of all onshore RMB bonds in five years, according to Angus To, deputy head of research at Industrial and Commercial Bank of China International.
Plans include product launches in China and in Hong Kong and ETFs outside Asia, according to King Au, Value Partners’ Hong Kong-based CEO.
BOCI-Prudential has launched an ETF investing in China’s ‘new economy’ while Manulife Asset Management debuts a mixed-asset product focused on China’s ‘bay area’ cities.
China’s Bosera and Aberdeen Standard Investments have filed an application to sell an emerging market bond fund under the Mutual Recognition of Funds (MRF) scheme.
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