Fidelity continues onshore product launch with fourth China mutual fund, eyes QDII

Fidelity International (Fidelity) has closed its latest mutual fund in China, raising a total of RMB 925 million (US$127 million). The firm is now also considering expanding its offerings to multi-asset strategies and even a QDII quota for this year, to help wealthy individuals onshore make offshore diversified allocations. The fund, an equity income strategy (富达悦享红利优选混合型证券投资基金) managed by portfolio manager…

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