China Asset Management subscribes to T Rowe Price's US$4 billion QDII product
Date:
October 2007
Keywords (click to search): [China Asset Management] [Clifford Chance] [T Rowe Price] [QDII]
Clifford Chance advised China Asset Management on its agreement with T Rowe Price for its US$4 billion QDII product, which was over-subscribed in one day and has now closed, despite the subscription period originally being scheduled to last a month. The fund will focus on global stock investments in Europe, Hong Kong, Japan, the US and emerging markets, and at least 30% of the product will be invested in Hong Kong stocks.
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