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Talent drain still an issue in China despite landmark launch

The launch of the first mainland mutual fund house owned by individuals has raised hopes that the sector can stem the flow of star managers moving to private fund firms. But some are doubtful.
Talent drain still an issue in China despite landmark launch

This week the first Chinese mutual fund house owned by individuals registered its licence, raising hopes that more investment veterans will make similar moves rather than setting up private fund firms, which can only sell to wealthy investors.

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