China Mutual Fund Series: Quarterly Assessment – 4Q19

Competitive update, Fundraising, Institutional business, Products, Regulatory update

Mutual-fund industry AUM found a new historical high in 4Q19 of RMB14.6tr. Evolving growth drivers are the result of a major ongoing shift: declining MMFs are now below 50% of industry assets. Instead, demand for active equity continued to prove resilient in the face market volatility, while institutional demand persisted despite regulatory pressures. This China […]