China's sovereign wealth fund bounced back last year after posting negative returns. But it is facing challenges in terms of costs and attracting personnel, says Z-Ben Advisors.
Tag : z-ben
Aussie fund manger AMP Capital and China Life joined forces and will set up a fund management company. Analysts say the insurer/fund manager partnership will be fruitful.
Chinese mutual fund assets fell 12.5% in the first half as nervous investors yanked cash out of volatile equity markets.
The nation's mutual fund industry recorded 29% growth in AUM to $449 billion at end-2012, but look deeper and you'll find a market increasingly dominated by bank-backed managers.
