Widening Distribution Channels for Mutual Funds in China

December 19, 2013

Prior to 2013, the door to the PRC's domestic mutual fund market was closed to outsiders. Foreign fund managers had only one choice: to team up with local Chinese managers in joint ventures, controlled by the Chinese manager. But even these joint ventures faced a daunting challenge when distributing their products, as fund sales heavily depended on establishment of a robust distribution network. Two recent developments in China not only crack open the door for some foreign financial institutions – they offer tangible evidence of the maturation of the mutual fund market in China.

Please click here to read “Widening Distribution Channels for Mutual Funds in China.”