The Central Bank of Ireland has allowed Irish-domiciled Ucits and AIFs to invest in the Chinese interbank bond market via Bond Connect.
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The Central Bank of Ireland has allowed Irish-domiciled Ucits and AIFs to invest in the Chinese interbank bond market via Bond Connect.
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A rush of applications are expected after the Central Bank of Ireland’s clarification of rules governing how Irish-domiciled funds can utilise the Shanghai-Hong Kong Stock Connect, according to industry group Irish Funds.
The Irish Funds Industry Association said it has signed a memorandum of understanding with the Asset Management Association of China in Beijing to promote closer cooperation.
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