Chinese managers to cut QDII fund fees for domestic investors

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Financial Times 21h ago

Chinese managers to cut QDII fund fees for domestic investors - Financial Times

Quick Summary:

The funds, which invest in overseas securities, are expected to charge 1.

The possible industry-wide fee cuts for QDII funds come 18 months after Chinese authorities first initiated sweeping industry reforms to pass on a bigger share of investment returns to end investors, which resulted in tighter margins for fund firms.

More than 80 have management fees of 1.5 per cent or higher, most of which are actively managed equities and mixed asset funds, according to iFinD data.