Thursday, December 27, 2012

Money managers looking for a ray of sunshine





Will Beijing bring a ray of light to the mainland's "sunshine" private trust funds next year?


After a lacklustre performance this year, managers of the mainland's nearly 1,000 such funds - a prototype form of hedge fund - are keeping their fingers crossed in anticipation of a major liberalisation of the sector that could boost the domestic stock market.









via Business feed http://www.scmp.com/business/banking-finance/article/1113134/money-managers-looking-ray-sunshine

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