(Reuters) - Chinese mutual funds, such as JPMorgan's China asset
management venture, and securities houses are planning to follow
suit, after China issued rules recently to let select fund firms
and brokerages launch such funds.
Only one Chinese fund management company, Huaan, has launched
a QDII product since Beijing adopted the scheme last year, aimed
at encouraging capital outflows and broadening investment
alternatives for local investors.
Read more at Reuters.com Government Filings News
management venture, and securities houses are planning to follow
suit, after China issued rules recently to let select fund firms
and brokerages launch such funds.
Only one Chinese fund management company, Huaan, has launched
a QDII product since Beijing adopted the scheme last year, aimed
at encouraging capital outflows and broadening investment
alternatives for local investors.
Read more at Reuters.com Government Filings News
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