investment outflow

Call for China to cap new mutual funds – Florian Gimbel

From the Financial Times (link): A senior industry expert is calling on the Chinese securities regulator to limit the number of new mutual fund launches, amid concerns over massive asset outflows from existing fund products. Shiv Taneja, head of the Asian operation of Cerulli, the specialist research firm, said he would make his case during […]

China frees up overseas investment by banks, funds – Reuters

From Reuters (link) China on Friday issued joint regulations that will open up the channels for Chinese institutional investors to invest abroad and relax controls on Chinese firms and individuals buying foreign exchange. The long-awaited moves to allow more outflows of foreign currency, which would decrease upward pressure on the yuan, come before a visit […]

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