China set for record fund launches in Q4: Z-Ben
Fund managers are starting to take advantage of their ability to launch more than one product simultaneously. Z-Ben predicts industry AUM will rise 25% by the end of 2010.
Consultancy Z-Ben Advisors is forecasting that the fourth quarter will set a record mark for new fund launches in China and that industry AUM will rise 25% to hit Rmb3 trillion by the end of this year.
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