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E Fund assets double on bond flows, reflecting China trend

After a bumper year, Guangzhou-based E Fund aims to launch more money-market and balanced funds in light of continued appetite for such strategies.
E Fund assets double on bond flows, reflecting China trend
China was home to the 10 fastest growing fund houses in Asia Pacific in the year to September 30, largely off the back of flows into fixed income products, a trend reflected by E Fund Management. The Guangzhou-based firm – the country’s fifth largest by assets under management – aims to capitalise on this demand by launching more products in the coming year, including a balanced fund in Europe and other hybrid strategies. E Fund's AUM increased 95% to $85.8 billion in the year t…
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