TREE NEWS update: Neuberger Berman Fund has received approval from the China Securities Regulatory Commission for Qualified Domestic Institutional Investor (QDII) status, making it the second newly established wholly foreign-owned public fund management company to obtain the qualification. The license allows the firm to invest in offshore securities on behalf of domestic clients.
Neuberger Berman Fund Wins China QDII License
The QDII license gives Neuberger Berman a formal channel to deploy domestic Chinese capital into offshore securities, a meaningful step for a newly established wholly foreign-owned fund manager still building its local footprint. That it is only the second such firm to secure the qualification underscores how selectively Beijing has opened this cross-border route, which matters for foreign managers weighing China entry and for domestic clients seeking outbound exposure. Whether the pipeline of similar approvals broadens from here is the open question worth tracking.
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