China's Fund Industry Set to see tougher times
Peter Alexander, principal of independent consultants Z-Ben Advisors, believes change will bring long-term good to the industry.
China's fund management industry is relatively new, but has grown rapidly to $36 billion in assets under management. What themes are now dominant?
Alexander: The previous two quarters have seen declining interest across the board, and we're expecting much the same this quarter. Historically new fund offerings tend to slow dramatically ahead of the new year. Continued weak demand for new products, on the back of bearish sentiment in the equity markets and changes taking place in the…
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