A slowdown in the growth of China’s asset pool is not deterring new entrants among fund managers.
More asset managers are setting up shop and launching new products in China, alongside the existing managers, says independent consultancy Z-Ben Advisors. The market expects the development of a defined contribution scheme in China to lead to a pick-up in the growth of assets.
In the second quarter there was $35.45 billion in assets under management in China, a 16% increase on the previous quarter, according to Z-Ben.
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