China's privately offered funds decreased to 20.28 trillion yuan by end-February, with a drop in fund managers and registered funds.
China's privately offered funds reached 20.28 trillion yuan ($2.86 trillion) by end-February, a decrease from 20.33 trillion yuan in January. The number of private fund managers also dropped to 21,151, while the number of registered privately offered funds decreased to 153,288. The Asset Management Association of China, a self-regulatory organization for China's mutual fund sector, reported these figures.
March 17, 2024
5 Articles