Mizuho to open China fund despite Japanese dispute

Mizuho Asset Management, a unit of Japan's third-biggest lender, is opening a China fund, betting that new leaders in the world's No 2 economy will boost growth and quell a territorial dispute that's prompted other banks to cancel planned funds.

The MHAM China Growth Focus Fund, which starts on November 30, will focus on industries that may benefit from railway, health care and financial reforms, said Masahiko Ejiri, the fund's manager.

via Business feed http://www.scmp.com/business/china-business/article/1078974/mizuho-open-china-fund-despite-japanese-dispute