How China’s Investment Funds Fared in 2022
It was a pretty good year for managers of China’s mutual funds in 2022, but less so for their investors.
As of August, the total assets under management (AUM) by China’s mutual funds hit a record high of 27.3 trillion yuan ($4 trillion), almost double the amount three years earlier. The surge was partly driven by growing popularity of mutual funds among retail investors.
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