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China’s biggest quant fund launch raised $3bn in one day

September 23, 2015 : Permanent Link

(Hedgefund Intelligence) Beijing-based Harvest Fund Management, a joint venture between Deutsche Bank and state-owned Harvest Group of Companies, raised a staggering CNY16.6 billion (about $3 billion) in just one day in June for its quant-focused Harvest Event-Driven Fund.This makes it by far the biggest China-focused quant fund to launch successfully in the country.

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