AsianInvesterAsianInvesterAsianInvester

Asset surge by China fund firms masks problems

Elva Muk
The nation's mutual fund industry recorded 29% growth in AUM to $449 billion at end-2012, but look deeper and you'll find a market increasingly dominated by bank-backed managers.
Asset surge by China fund firms masks problems

China’s mutual funds industry saw AUM surge 29% in the final quarter to end 2012 at Rmb2.8 trillion ($449 billion), although this paints a deceptively rosy picture, finds Z-Ben Advisors.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.