GUANGZHOU (Fund China) - Fund of the QDII (qualified domestic institutional investor) added new army. Today, Yinhua Fund announced by the China Securities Regulatory Commission for approval to develop overseas securities investment management business.

Yinhua Fund said it in the study of QDII an early start in business, after nearly a year of deliberation, the company in the QDII fund product development, investment research model, the training of personnel, operating systems, risk control, and inside and outside the Trusteeship Council to have made more fully prepared. Currently, Yinhua Fund is actively preparing for the approval of related products.

According to “Fund China” confirmed that the approval of the China Securities Regulatory Commission, China Universal Asset Management Co. , Ltd. QDII has been qualifications and was allowed to develop overseas securities investment management business.

It is learned that the qualifications awarded after QDII, China Universal Asset Management Co. , Ltd. ’s Will soon launch the QDII fund products. Against QDII products, China Universal Asset Management Co. , Ltd. Have selected a world-class asset management companies as offshore investment advisors. According to reports, the partners in the world have very rich experience and strong investment research investment research team, the management ranks of the global forefront of assets and achieve excellent long-term investment performance, the industry enjoyed a high reputation.

Copyright Fund China 2008.

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