CIMB-Principal Asset Management became the first fund manager in Malaysia to be awarded an RQFII quota by China’s State Administration of Foreign Exchange (SAFE), according to the regulator’s records.
Tag: RQFII
China grants new RQFII, QFII quotas to three firms
Eastspring Investments is among the firms that received an RQFII quota for the first time in March.
Blackrock gets $1.6bn RQFII quota
Blackrock became the first asset manager in the US to be awarded an RQFII quota (RMB 11bn) by China’s State Administration of Foreign Exchange, according to a statement from the firm.
China grants quotas for four AM firms
Pioneer Asset Management was among the firms that received an RQFII quota for the first time in February.
Two firms granted new RQFII quotas
Fidelity and Goldman Sachs Asset Management received RQFII quotas for the first time, and Pioneer AM was granted an RQFII licence.
Three firms granted new RQFII, QFII quotas in December
UBS SDIC, Eugene Investment and Allianz are among the firms that were granted investment quotas in December.
Eight firms granted new RQFII, QFII quotas in November
Aberdeen, Eastpring and Thailand’s Kasikorn Asset Management are among the firms granted investment quotas in November.
China’s SAFE guarded with investment quota
The Chinese regulator only granted one new firm RQFII quota in July, while reductions in QFII quota continued.
China issues new RQFII quotas
Blackrock, Nomura AM and Avanda IM are RQFII quota recipients after the scheme was expanded by RMB 21.2bn ($3.22bn) in April, according to the latest data from State Administration of Foreign Exchange.
China this week – 13 Nov 2015
A roundup of the week’s asset management industry news from mainland publications.