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China’s mutual funds industry sees 2011 assets plunge

Despite the launch of many new funds and six fund management firms, AUM still drops 12.5% with a negative performance on both the equity and fixed income side.
China’s mutual funds industry sees 2011 assets plunge

China’s mutual funds industry saw its assets under management shrink 12.5% last year despite a plethora of new fund launches and the establishment of six fund management companies.

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