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China proposes trading cost cuts for mutual funds, to regulate commissions By Reuters – Canada Boosts

Shiwali Sharma7 months ago7 months ago04 mins

© Reuters. FILE PHOTO: A Chinese language nationwide flag flutters outdoors the China Securities Regulatory Fee (CSRC) constructing on the Monetary Road in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photograph SHANGHAI (Reuters) – China’s securities regulator has revealed draft guidelines aimed toward slashing buying and selling commissions for mutual funds and addressing the battle…

Equity mutual funds in India see investment dip in November By Investing.com – Canada Boosts

Shiwali Sharma7 months ago7 months ago02 mins

© Reuters. India’s monetary markets skilled a blended efficiency in November, with fairness mutual funds witnessing a downturn in investments, whereas inventory market benchmarks recorded features. Based on the Affiliation of Mutual Funds in India (AMFI), fairness mutual funds noticed investments decline to Rs 15,536.42 crore (Rs 1 crore = $119,921) in the course of…

Fidelity raises $700 million in its first bond mutual fund in China By Reuters – Canada Boosts

Shiwali Sharma8 months ago04 mins

© Reuters. SHANGHAI/SINGAPORE (Reuters) – Constancy Worldwide has garnered 5 billion yuan ($700 million) from traders for its first fastened revenue mutual fund in China, deepening the asset supervisor’s involvement within the $3.8 trillion mutual fund market. Its China Managing Director Helen Huang instructed Reuters in an interview Constancy is lobbying Chinese language regulators to…