Amid China’s economic downturn, several new equity funds have failed to attract investors, and fund managers have been resigning in droves since the start of June. Analysts attribute the equity fund trend to the poor performance of Chinese A-shares on the stock market, which has made stock selection and profitability challenging for fund managers. Contributing…
China Sees Exodus of Fund Managers
June 28, 2023
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China Business & EconomyChina NewsChina's economic downturnEquity Fundsfund managersregistration-based system for IPOs
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Global Equity Funds Attract Big Inflows at Start of New Year: Lipper
Global equity funds attracted massive inflows for a third straight week in the seven days to Jan. 5, as world stocks started the new year on a solid footing, shrugging off worries over the Omicron COVID-19 variant, and higher inflation. Investors purchased global equity funds worth a net $19.01 billion in the period, data from…
British-Based Equity Funds See Record $19 Billion Inflows in 2021: Calastone
LONDON—British-based equity funds attracted a record 14.2 billion pounds ($19.3 billion) in inflows in 2021, funds network Calastone said on Thursday, as investors piled in after government and central bank stimulus during the pandemic. Most investors put their cash in global funds, which attracted a record 13.4 billion pounds in inflows, while emerging market funds…
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