Asset managers may find their yuan-denominated fund products a hard sell because of high investment fees, a clouded investment outlook, and weakening fundamentals in the domestic bond and equity markets, key market players say.
Many of the world's major fund managers are queuing to get a bite of the yuan investment pie as Beijing prepares to release a 200 billion yuan (HK$251 billion) quota under its renminbi qualified foreign institutional investor (RQFII) scheme as early as this week.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1225518/yuan-funds-image-hit-meagre-returns
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