Demand for the QDII funds that western fund houses market to Chinese investors remains feeble at best. Data suggests that the assets in these funds barely budged in the past five years.
As of June, just Rmb56.2bn ($9bn) was held in QDII funds, a slight increase from the Rmb52bn collected in 2008, according to research from Cerulli Associates, the investment research group.
Under the qualified domestic institutional investor (QDII) scheme, Chinese investors can make overseas investments as Beijing gives local institutions quotas to invest outside China in equities and fixed-income products.
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