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.