BNY Mellon expects the pace of Qualified Domestic Institutional Investor (QDII) approvals to continue in 2011 and expects Chinese investors to increase their allocation to international markets in anticipation of better returns. Chong Jin Leow, head of Asia for BNY Mellon Asset Servicing said, “This is welcome news as with QDIIs outperforming domestic equity funds in 2010 for the first…
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