China fund managers race up global rankings

Oct 19, 2010

A domestic equity focus saw AUM among Chinese managers swell by 56% last year, driven by retail demand for mutual funds. The rate is twice as fast as peers in the US and three times as fast as Europe.

The domestic equity focus of fund managers in mainland China helped to swell their assets by an average of 56% last year, easily the highest growth rate in the world, new research finds.

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