According to Cerulli Associates

Managers Remain Optimistic about Mega Fund Launches in China


China dragón
Pixabay CC0 Public Domain. Los gestores siguen siendo optimistas sobre los lanzamientos de megafondos en China

Autor: Beatriz Zúñiga

  1. China’s mutual fund assets under management, including that of ETFs, recorded robust year-on-year growth of 37.5% to reach 19.7 trillion renminbi (3 trillion dollars) in 2020
  2. Local media reports show that in 2020, over 100 new funds were sold out within one day after subscriptions commenced,
  3. Managers focused on the long term are still upbeat about the industry’s prospects, and are "confident that mega fund launches will resume if the stock market turns bullish again"