China’s Shanghai Composite Index is the worst-performing benchmark in Asia this year. Photo: Reuters
China’s top mutual funds welcome unlimited investments as their star managers expect to strike gold in declining market
- Wanjia Asset Management and Zhonggeng Fund Management have removed the daily cap on subscriptions
- Three funds managed by Huang Hai at Wanjia have returned at least 20 per cent so far this year, while the Shanghai Composite Index has lost 17 per cent
China’s Shanghai Composite Index is the worst-performing benchmark in Asia this year. Photo: Reuters