China money market ETF assets leap fivefold

Oct 29, 2015

China-listed money market exchange-traded funds are attracting huge inflows as investors seek safe havens. Fortune SG AM has been among the biggest beneficiaries.

China money market ETF assets leap fivefold

Money market exchange-traded fund assets grew almost fivefold in the third quarter in China, while equity and balanced mutual funds saw big outflows, as investors heavily de-risked their portfolios.

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