AllianceBernstein
Fund file: the rise of renminbi funds
Wed, 2011-10-12 07:08 — newsdeskA report shows that at least seven renminbi funds for international investors have been launched in the past year.
The funds are adressed to at non-mainland Chinese wishing to add renminbi-denominated bonds to their portfolios and contain products launched by AllianceBernstein, Barclays, BEA Union Investment, Guinness Atkinson and Bosera.
Renmibi funds are still trusted, as the currency remains a better bet than many other investment choices.
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