GSAM is one of a handful of asset managers with a QFII license, in this case for $200 million, which the firm says was oversubscribed several times. It has marketed the fund to pension funds and other institutions in Europe, Japan and other Asian countries other than China. A small amount has also been allocated to high-net-worth clients.
Vincent Duhamel, Hong Kong-based managing director for Asia ex-Japan at GSAM, says the firm intends to ask the China Securities Regulatory Commission for...
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