Fidelity launches first private fund in China, but challenges lie ahead
Fidelity has launched the first private fund via an IM-WFOE in China last week, but will Chinese investors warm to foreign-branded onshore investment products?
Fidelity announced on Friday it has launched its first private fund through its wholly foreign owned enterprise (WFOE) in Shanghai. But industry observers warn of major barriers to the US house’ success in the $1 trillion private fund market:
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