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New Chinese fund fee rules raise concerns

Christina Wang
CSRC issued its first set of rules governing the performance fees that mutual funds can charge. The worry for hedge funds is that they could be extended to them.
New Chinese fund fee rules raise concerns

New Chinese rules governing the performance-based fees that mutual funds can charge are causing some consternation within the hedge fund industry due to concerns that they could yet spread to private securities managers. Some of the detail is also coming under fire.

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