BOCI-Prudential Asset Management received a Qualified Foreign Institutional Investor ("QFII") quota of USD 150 million from the State Administration of Foreign Exchange ("SAFE").
As a QFII institution, the Company can directly access to onshore RMB denominated and settled financial instruments in mainland China, such as bonds and fixed-income products, and A-shares listed on the stock exchanges in mainland China, etc through the QFII quota. It allows the Company to seize the investment potential of the respective markets on behalf of investors in the near future. Details on the QFII products will be announced after the product authorization from the regulator has been obtained.
BOCI-Prudential Asset Management will continue to offer comprehensive and reliable asset management services and strive for stable and outstanding investment performances. BOCI-Prudential Asset Management will continue to develop new products to cater the diversified needs of investors.
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