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New QDII fund in China

BNY Mellon has been selected by China Construction Bank as the global custodian for the upcoming qualified domestic institutional investors (QDII) fund in China to be launched by Manulife Teda Fund Management. The new fund will be called Manulife Teda New Economic Pattern Fund. “What has marked the QDII segment so far is a lack of diversity in the product…

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