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HOME > PAST ISSUE > QUESTION & ANSWER [Premium content]December 2007
The future is bright for both inward and outward-focused equity funds, says ING Asia Pacific’s head of investment management
China’s fund management industry has been a major beneficiary of the country’s stock market revival. Total assets under management has rocketed but most funds have still underperformed the Shanghai Compostite Index in 2007. There are 29 Sino-foreign fund management joint ventures, the first of which was China Merchants Fund Management (CMFM), a tie-up between ING and China Merchants Securities. It currently has about US$8.8 billion under management. The ownership structure was recently ...
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