Bank of China, the country’s third-largest lender by assets, is to unveil a range of Swiss-based funds denominated in renminbi. The funds, aimed at wealthy Chinese investors hungry for international equities and bonds and international investors keen to get a slice of Chinese financial markets, will reduce some of the barriers to investing in the Chinese currency.

The funds are being rolled out by BOC (Suisse) Fund Management, a subsidiary of Bank of China (Suisse), a Swiss private bank, and the first Chinese asset manager in Europe, which opened its doors in Geneva last November.