Investec Asset Management builds on Asian investment record with RQFII allowance
Investec Asset Management is set to grow its strong investment track record on the Asian continent by directly accessing the mainland Chinese equity and bond markets. The firm today announced that it has been awarded an RQFII (Renminbi Qualified Foreign Institutional Investor) licence by the China Securities Regulatory Commission, and has subsequently been allocated its first RQFII investment quota by the Chinese State Administration of Foreign Exchange.