AMP Capital Investors plans to list a fund that provides access to China’s ‘Class A’ share market on the ASX by the end of this year.
Class A shares are those traded on the Shanghai and Shenzhen stock markets. The fund will seek to raise up to $330 million. AMP Capital Investors is the first Australian company to gain a Qualified Foreign Iinstitutional Investor (QFII) license and one of only 48 companies worldwide as at the end of September. AMP Capital has been given approval from China’s State Administration of Foreign Exchange (SAFE) to invest up to $US200 million directly into China A shares and bonds.
24 October 2006 00:00
$us200, access, company, shares, invest, september, license, approval, traded, worldwide, directly, investor
Investments
Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.
Leave a Comment
You must be logged in to post a comment.