Breakeven fears for China FMCs as Fuanda joins the fray

Fuanda FMC gains approval to set up in an increasingly crowded market, but it will have its work cut out with operating costs for China's fund managers having doubled over the past five years, says Z-Ben Advisors.


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How will you alter your portfolio after the US election result?





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Underweight US
  16%
 
Overweight US
  43%
 
Underweight EMs
  7%
 
Raise cash levels
  20%
 
No change
  15%
TOTAL VOTES: 136
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December 2016/January 2017 Magazine
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