Larry Fink, chairman and CEO of BlackRock. Fink says the asset manager is committed to helping more people in China meet their long-term goals, such as retirement. Photo: Jonathan Wong Larry Fink, chairman and CEO of BlackRock. Fink says the asset manager is committed to helping more people in China meet their long-term goals, such as retirement. Photo: Jonathan Wong
Larry Fink, chairman and CEO of BlackRock. Fink says the asset manager is committed to helping more people in China meet their long-term goals, such as retirement. Photo: Jonathan Wong

BlackRock raises US$1 billion with first Chinese mutual fund even as George Soros calls China investment a ‘tragic mistake’

  • The BlackRock New Horizon Mixed Securities Investment Fund attracts more than 111,000 subscribers
  • BlackRock is the first global asset manager to win a licence for wholly-owned onshore mutual fund business

Topic |   Banking & finance
Larry Fink, chairman and CEO of BlackRock. Fink says the asset manager is committed to helping more people in China meet their long-term goals, such as retirement. Photo: Jonathan Wong Larry Fink, chairman and CEO of BlackRock. Fink says the asset manager is committed to helping more people in China meet their long-term goals, such as retirement. Photo: Jonathan Wong
Larry Fink, chairman and CEO of BlackRock. Fink says the asset manager is committed to helping more people in China meet their long-term goals, such as retirement. Photo: Jonathan Wong
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