In a move that is likely to provide relief to the capital-starved hedge fund industry, the Shanghai Municipal Office of Financial Service (SMOFS) is now permitting foreign fund managers to set up RMB-denominated hedge funds in the Mainland. Shanghai-registered hedge funds will consequently require a SAFE license and currency conversion quota. Under the new policy, these funds will only be…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
