FEATURES : EUROPEAN MUTUAL FUNDS
Paul Mackintosh
Mutual funds appear lately to be struggling in Europe. Of course, every asset class and investment sector in the region is facing difficulties in the current environment, but mutual funds especially are facing both substantial outflows, particularly into other types of investment vehicles, and a slackening pace of new fund formation
RQFII
Hui Ching-hoo
In August 2011, China’s Vice Premier Li Keqiang gave the green light to the long-awaited RMB qualified foreign institutional investor (RQFII) pilot scheme. This allowed selected Chinese asset manager subsidiaries to offer RMB products to overseas investors in Hong Kong