E Fund Management (Hong Kong) Co., a unit of China’s second largest mutual fund house E Fund Management Co., has appointed Citi’s Securities and Fund Services as fund administrator for two recently started funds, The Asset reports. The new funds are the emerging market long-only fund and the emerging market long/short fund.

E Fund Management (Hong Kong) is also planning to start a renminbi-denominated QFII retail fund by the end of 2011. Citi will provide fund administration and custody services for the long-only fund and hedge fund administration for the long/short fund.

Click here for the story from The Asset.