Chinese fund companies are exploring opportunities to raise assets from qualified foreign institutional investors (QFII) as the retail fund market in China continues to stagnate. However, QFII assets have not been easy to come by, as many QFII managers are not in need of mainland-based investment advisers.
Assets under management in China's retail investment funds have fallen from a peak of Rmb3,000bn ($466bn) in 2007 to Rmb2,300bn as of June 30, according to Shanghai-based consulting firm Z-Ben Advisors.
Assets under management in China's retail investment funds have fallen from a peak of Rmb3,000bn ($466bn) in 2007 to Rmb2,300bn as of June 30, according to Shanghai-based consulting firm Z-Ben Advisors.
