Related News
QFII funds outperform domestic equity funds
By Winny Wang |
January 19, 2010, Tuesday
|
Online Edition
Online Edition
The average return of funds managed by overseas institutions to trade in yuan-denominated shares jumped 77.86 percent last year, bolstered by the surging stock market, an industry report said today.
The performance outshone the 72.29-percent average return of domestic equity funds, according to research firm Lipper & Co.
In December alone, the average return of funds under the Qualified Foreign Institutional Investor scheme grew 1.79 percent, almost equivalent to the domestic equity fund group.
The return of funds operating under the Qualified Domestic Institutional Investor program, which allows domestic firms to invest in overseas shares, gained 1.11 percent on average for December and surged 57.42 percent for last year.
Newly issued QDII quotas for eight fund companies reached US$6.7 billion after the government ended a 17-month suspension to resume approval of QDII funds in late October, the report said.
The performance outshone the 72.29-percent average return of domestic equity funds, according to research firm Lipper & Co.
In December alone, the average return of funds under the Qualified Foreign Institutional Investor scheme grew 1.79 percent, almost equivalent to the domestic equity fund group.
The return of funds operating under the Qualified Domestic Institutional Investor program, which allows domestic firms to invest in overseas shares, gained 1.11 percent on average for December and surged 57.42 percent for last year.
Newly issued QDII quotas for eight fund companies reached US$6.7 billion after the government ended a 17-month suspension to resume approval of QDII funds in late October, the report said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
