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Fund executive turnover on rise in China

Toby Yiu
Rule changes have led to a rising number of mutual fund managers leaving to set up private vehicles and asset management bosses switching to new investment units set up by brokers or insurers.
Fund executive turnover on rise in China

Portfolio managers have been exiting Chinese mutual fund houses at an accelerating rate this year thanks to a new law making it easier for them to set up their own private funds.

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