Beijing to permit funds of funds to stir competition

Aug 5, 2014

China is to allow fund firms to launch FoF products from this Friday amid a string of underperforming hybrid funds. Investment thresholds are expected to be kept relatively low.

Beijing to permit funds of funds to stir competition

Chinese fund firms are set to be allowed to launch standardised funds of funds from this Friday in a regulatory shift designed to raise competition between product providers.

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