国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

Economy

Markets

Industries

Insights

Reports

Events

Guotai Fund to launch Nasdaq-linked fund

(Agencies)
Updated: 2009-03-30 12:28

China's Guotai Asset Management Co has signed a licensing agreement with Nasdaq OMX Group Inc giving the fund manager exclusive rights to develop products in China using the Nasdaq 100 Index, Guotai said on its website.

Related readings:  China Southern Fund, S&P to develop index products  Lenders answer to complaints from QDII investors  Banks' QDII funds suffer overseas losses  Foreign funds outperform in China rally

Guotai is likely to launch a fund pegged to the Nasdaq 100 Index this year, which will help Chinese investors to diversify risks, the company said.

Chinese investors are allowed to invest abroad under the so-called qualified domestic institutional investor (QDII) scheme, which has channelled more than $40 billion of the country's estimated $2 trillion of household savings into overseas financial markets.

Earlier this month, the China Securities Journal reported that China Southern Fund Management Co had signed an agreement with US financial market data provider Standard & Poor's to jointly develop QDII products.

China Southern plans to launch funds that track the benchmark Standard & Poor's 500 stock index, giving mainland investors exposure to a range of US blue chips such as Microsoft Corp, Wal-mart Stores Inc and International Business Machines Corp, the newspaper said.