The China Securities Regulatory Commission approved the first batch of six asset management firms able to launch FOF products last week. Photo: Bloomberg
Daniel Ren
Opinion

Opinion

Across The Border by Daniel Ren

‘Fund of funds’ seen as the saviours of China’s mutual fund sector

CSRC approves first batch of six asset management firms able to launch FOFs last week, with some suggesting as much as US$121.5bn could now be ploughed into such products

TOP PICKS

The China Securities Regulatory Commission approved the first batch of six asset management firms able to launch FOF products last week. Photo: Bloomberg
READ FULL ARTICLE