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Growing pains
HOME > PAST ISSUE > COVER STORY [Premium content]February 2008
After a sensational start, China’s overseas equity funds now have to deal with a more muted reality
In mid-January, nearly two weeks into the subscription period for its foreign-focused equity fund, ICBC-Credit Suisse still hadn’t sold out. The performance looked especially poor when set against those of the first four funds released under China’s Qualified Domestic Institutional Investor (QDII) scheme.
Launched between mid-September and mid-October, these funds filled their US$4 billion subscription quotas within a few hours. ICBC-Credit Suisse had until February 3 to ...
Launched between mid-September and mid-October, these funds filled their US$4 billion subscription quotas within a few hours. ICBC-Credit Suisse had until February 3 to ...
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