21 Nov China’s liberalisation of investments presents opportunities

China has undergone substantial changes in their asset management sector which has allowed for more opportunities that fund managers around the world can take advantage of. There is now a more streamlined process that allows fund groups to qualify for the Qualified Foreign Institutional Investors (QFII) scheme, reducing the time it takes to enter the market.

China’s liberalisation of investments presents opportunities

Asset management in China has undergone substantial change in recent years, allowing overseas fund managers to exploit opportunities in the world’s most populous nation. There is now a more streamlined process that allows fund groups to qualify for the Qualified Foreign Institutional Investors (QFII) scheme, reducing the time it takes to enter the market.

Previous complex documentation requests insisted upon by the China Securities Regulatory Commissions have gone, along with the requirement for companies to manage at least $500m in securities. However, market entrants will still be asked to prove their creditworthiness and demonstrate a track record of solid regulatory behaviour for at least three years in another market.