Funds sold in China through the Mutual Recognition of Funds (MRF) scheme had a record month of outflows in June and in total lost half of assets since January, according to the State Administration of Foreign Exchange (SAFE).
Tag: Haitong International Asset Management
Amundi to sell global equity fund in China
The cross-border Mutual Recognition of Funds scheme added a global equity northbound fund managed by Amundi and received two more applications from Haitong International Asset Management.
HK’s Haitong branches into Japan, US funds
Hong Kong-based Haitong International Asset Management is expected to launch three equity funds, including China-A share and US-focused products, according to records from the Securities and Futures Commission.
