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You are here: Fund China > Fund News > China’s QDII funds to increase to eight

China’s QDII funds to increase to eight

By Fund China
Published: 09:21, October 10th, 2007

GUANGZHOU (Fund China) – QDII (Qualified Domestic Institutional Investor) two fiery: is the market for a single-day record amount of the billions of dollars consumption, the other is the China Securities Regulatory Commission once again qualified audit manager.

Fund China yesterday that ICBC Credit Suisse, Changsheng Fund Management Company has been formally approved the China Securities Regulatory Commission, was to develop overseas securities investment management business.

Since July 5 “qualified foreign institutional investors in securities investment management pilot scheme” after the implementation of QDII was qualified fund management companies which reached eight, China Southern Fund, China AMC, Harvest Fund, China International Fund four fund companies have completed or started issuing related QDII products, Fortis Haitong, Fortune SGAM is actively preparing for product distribution.

Copyright Fund China 2009.

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