Fixed income failure a new nail in China FMCs' coffin

Oct 10, 2011

All but six of the country’s 155 fixed income mutual funds have recorded negative returns so far in 2011, leaving embattled fund management companies nowhere to turn.

Fixed income failure a new nail in China FMCs' coffin

China’s embattled fund management firms have failed to find respite from A-share volatility in the country’s burgeoning debt markets so far this year – in contrast to recent history.

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