BEIJING: Global asset managers are embracing China’s invitation to do more business in one of the world’s fastest-growing financial markets.
Fidelity International, Van Eck Associates Corp, Neuberger Berman Group LLC and Schroders Plc have also held talks with regulators, the people said, asking not to be identified because the discussions are private. China’s mutual fund market, or mass retail market, has ballooned more than sixfold since 2011 to almost 14 trillion yuan.
Source: News Formal (newsformal.com)
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