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China Mutual Fund Series: Quarterly Assessment – 1Q16

  • 1Q16, FMC subsidiaries, MRF, Mutual Funds
An interesting dynamic has emerged in the Chinese mutual fund industry. Asset managers are attempting to balance public mutual fund business and the non-core segregated account and subsidiary business, largely composed of loan packaging operations. While the AUM of the former dropped in 1Q16 as window-dressing capital was extracted, the AUM of the latter grew […]
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