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China's new retirement rules to set a rocket under FOFs

China's latest consultation paper regarding the rules surrounding pension products looks set to heavily promote fund-of-funds as a key structure for such voluntary funds.
China's new retirement rules to set a rocket under FOFs

China’s newly-released draft rules on pension products focus on fast-tracking closed-end funds-of-funds as a key retirement vehicle, which is likely to ramp up investments into these products, say market experts.

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