Cai Xiangyang, a veteran money manager at China Asset Management, has died at the age of 41. Photo: Weibo
Cai Xiangyang, a veteran money manager at China Asset Management, has died at the age of 41. Photo: Weibo
Stocks

Cai Xiangyang, the investment star who beat China’s stock market with his bets on baijiu distillers, dies suddenly at 41

  • Cai, who managed 10 funds with a combined US$7.8 billion in assets, died on Monday in Beijing, China Asset said without giving more details
  • His flagship US$2.3 billion China AMC Return Securities Investment Fund delivered an annualised return of 14 per cent over the past five years, trouncing most rivals, according to Bloomberg data

Topic |   Stocks
Cai Xiangyang, a veteran money manager at China Asset Management, has died at the age of 41. Photo: Weibo
Cai Xiangyang, a veteran money manager at China Asset Management, has died at the age of 41. Photo: Weibo
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