China fund AUM growth flatters to deceive

Jan 11, 2015

Industry AUM grew 52% in 2014, its fastest pace for seven years. But the craze for money-market funds lies behind it, leaving analysts to ponder risk appetite and future growth drivers.

China fund AUM growth flatters to deceive

China’s mutual fund industry grew at its fastest pace for seven years in 2014, although this was overwhelmingly driven by money-market funds and remains well below its 2006-08 peak.

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