Ashmore granted improved access to Chinese markets

Ashmore has become the first investment manager based outside of Hong Kong to be granted wider access to the Chinese onshore equity and fixed income securities markets.

The asset manager has been given RMB qualified foreign institutional investors (RQFII) status by the China securities regulatory commission (CSRC).

Ashmore said the RQFII status would provide “more flexible investment guidelines for investors looking to invest in China”, which it said would benefit its clients.

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Ashmore’s clients will now be given improved access to China’s onshore equities and fixed income securities markets.