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Playing catch-up: Can banks topple fund firms?
HOME > PAST ISSUE > COVER STORY [Premium content]September 2008
Mutual funds lie at the heart of many of China’s current wealth management solutions. The principal architects of these products are fund management companies and, although there is some direct distribution, banks are believed to be the point of sale for around three quarters of all mutual funds.
The emergence of more sophisticated wealth management products gives banks the opportunity to challenge the fund houses’ dominance in the field of asset management. But the ...
The emergence of more sophisticated wealth management products gives banks the opportunity to challenge the fund houses’ dominance in the field of asset management. But the ...
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