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Tighter China rules not seen killing off “mini funds”

Jolie Ho
Fund managers in China that have too many small funds may have to wait six months to win approval for new products, but there are exceptions and some room for manoeuvre.
Tighter China rules not seen killing off “mini funds”

Fund managers in China deemed to have too many “mini funds”, including bond and money market funds, will have to wait six months to get new products approved, according to new rules that partly reflect the authorities' long-running efforts to wean the economy off debt.

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