Since July 5, meeting the requirements of the fund management companies and securities companies will be allowed to provide residents outside financial services. This information has been regarded as the Shanghai and Shenzhen stock market wholesaler unprofitable news, But yesterday’s news from some qualified fund management companies have found that the QDII products more spectators. At Bo Jidong June 20 evening, The China Securities Regulatory Commission issued a “qualified foreign institutional investors in the territory of the securities investment management pilot scheme,” and “implementation” qualified Situation institutional investors outside the securities investment management pilot scheme “of the notice.” After the entry into force of the above-mentioned documents, the Commission would hear QDII eligible to apply, Fund Supervision Department and some other regulatory agencies responsible for auditing the fund companies and securities companies QDII eligible to apply. The QDII obtain qualifications, can submit applications for product placement. People originally thought, fund companies will have this positive response; However, the reporter’s understanding of the circumstances, Most fund management companies even discussed in detail and see “approach” of all, Fund companies have even explicitly said that the QDII not interested. People in the industry of the QDII fund companies more reasons for the apathy. First, the mainland’s fund management companies currently not equipped with a study on the overseas stock market personnel. Assuming launch QDII products, but also a number of specialized professional recruiting overseas market researcher; Second, the current A-share market hit, There is absolutely no need to invest in overseas markets. Huaan Fund Management Company under the pilot QDII poor performance products, is a warning. However, the people that fund companies to license or QDII will be competing. After all, more than one license a number of investment channels. However, shortly QDII to achieve the desired effect very difficult. According to one already submitted to the Commission for QDII fund companies to disclose their QDII off bonds not stocks.

Copyright Fund China 2009.

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