Chinese firms big winners of ‘long-term’ fund assets

Mar 9, 2016

Mainland managers made the largest gains in Asia mutual fund assets last year – excluding money-market funds and funds of funds – as global houses fell back, finds Cerulli Associates.

Chinese firms big winners of ‘long-term’ fund assets

Chinese fund houses represented eight of the 10 biggest net gatherers of Asia mutual fund assets last year, excluding money-market funds and funds of funds, according to Cerulli Associates. As a result, three appear in the research firm’s latest ranking of the top 10 houses by what it calls "long-term" mutual fund AUM (see figure 1).

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