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Nine more southbound MRF funds greenlit before new year

Right before 2015 draws to a close, Hong Kong’s Securities and Futures Commission (SFC) has approved nine more funds from seven fund houses under the Mutual Recognition of Funds (MRF) scheme between mainland China and Hong Kong. These include three funds from J.P. Morgan Asset Management’s (JPMAM) joint venture with China International Fund Management and one from Sino-American joint venture Invesco…

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