Markets

China funds take a break from inflation woes

By Rita Raagas De Ramos | 28 March 2008
Keywords: lipper | china

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All fund categories in the mainland posted returns in February, although portfolios are still generally down over a six-month period.

All China open-end mutual fund categories posted gains in February, according to data from Lipper.

The equity category was up 1.2%, the mixed-asset aggressive category was up 1.04%, the mixed-asset flexible category up 1%, and the mixed-asset balanced fund category increased by 0.66%. All fund categories are still down performance-wise over a six-month period, however, reflecting concerns over the mainland’s economic growth and how this affects inflation as well as a US-led global economic slowdown.

Qualified foreign institutional investor (QFII) funds posted an average ...

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