(Reuters) Global fund managers are ramping up their presence in China, aiming to be well ahead of next June’s inclusion of mainland-listed stocks into MSCI’s benchmark index that is set to boost investment into the economy’s $8 trillion equity market. Wells Fargo Asset Management, Neuberger Berman, Fidelity International and Robeco are among fund houses sharpening their stock-picking skills in mainland “A” shares and hiring staff in China to get a first-mover advantage before the rebalancing triggers a flood of passive index-tracking funds to that market.
Global Funds Scramble To Be Early Birds In China’s MSCI Entry
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