China
Investec granted RQFII licence plans China funds
Investec Asset Management has been awarded an RQFII licence to invest directly into Chinas mainland markets, and will launch two new funds focusing specifically on the region.
SLI to close economically unviable China Fund
Standard Life Investments (SLI) is to close the Ignis China Fund, claiming it is not economically viable to continue the product at its current size.
World leading Asia to surpass North Americas
Asia-Pacific is set to become the region with the largest number of high net worth individuals (HNWIs) and highest wealth growth by the end of 2015, after recording world leading growth in 2013.
IFIA signs pact with Chinese association
An agreement has been signed by the Irish Funds Industry Association (IFIA) to encourage closer cooperation with its Chinese counterpart, the Asset Management Association of China (AMAC).
Lion Global Investors given RQFII licence
Lion Global Investors has become the latest company to be awarded a Renminbi Qualified Foreign Institutional Investor (RQFII) licence, which will allow it to invest in Chinas domestic capital markets.