Fund Managers

Fixed income failure a new nail in China FMCs' coffin

All but six of the country’s 155 fixed income mutual funds have recorded negative returns so far in 2011, leaving embattled fund management companies nowhere to turn.

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The Chinese yuan is:



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Overvalued versus the dollar
  23%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  28%
TOTAL VOTES: 69
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May 2012 Magazine
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Consumer-bank distributors speak
Hedge funds: the next generation