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Fat flows, thin profits for mutual recognition managers

Toby Yiu
The first six months of mutual recognition could see northbound fund managers generate $30 billion in inflows from mainland China, according to estimates. But high set-up costs are likely to lead to small profits.
Fat flows, thin profits for mutual recognition managers

Hong Kong fund managers are set to reap $30 billion in inflows from mainland China over the first six months of mutual recognition, according to a consultant.

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