Lyxor ranks number 1 in France and Europe for increased access to domestic Chinese markets for foreign investors
Lyxor Asset Management (Lyxor) has received a RQFII (RMB Qualified Foreign Institutional Investor) licence from the China Securities Regulatory Commission (CSRC), along with a quota of RMB 6 billion (around EUR 880 million), the highest allocated to date in France and in Europe.
Lyxor has a presence in China via its Chinese joint venture Fortune SG, which was created in 2003
and has developed an impressive offering for Chinese investors across equities, bonds, money market funds and hedge funds. The Fortune SG’s equity management team has regularly been recognised and received asset management industry awards.
Drawing on this partnership, and thanks to the allocation of quotas (QFII in 2011, RQFII in 2015),
Lyxor is able to open up the Chinese markets to foreign investors. Additionally, investors benefit from
Lyxor’s overlay of solid management of financial and operational risks at every level.
Pierre Gil, Head of International Development at Lyxor, said: “The quota we have just received in
France will complement that of our Hong Kong partner, and has enabled the success of our new
Chinese equity ETF. We will now expand our range of investment solutions across the equity and
bond markets in the form of dedicated mandates and funds in order to meet the growing demand from European investors.”
*RMB Qualified Foreign Institutional Investor