Temasek to ramp up China investment
The sovereign fund has applied for a new $700 million QFII quota as regulators reportedly consider raising the $1 billion cap.
Fullerton Fund Management was one of seven to be granted a QFII licence yesterday, even as its parent, Temasek, applies for a huge quota increase amid reports that regulators may raise the $1 billion cap.
Fullerton received its permit along with Eurizon Capital (Luxemburg), BOCI-Prudential Asset Management (Hong Kong), Lion Global Investors (Singapore), Generali Fund Management (Luxemburg), William Blair (US) and Investec Asset Management (UK).
The latest batch of approvals by t…
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