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BlackRock to Close China Private Fund After Just Three Years

2021年03月31日 20:26 来源于 财新网
Unit of world’s largest asset manager to focus on mutual fund business instead
The headquarters of BlackRock Group in New York, USA. Photo: IC Photo

A unit of BlackRock Inc., the world’s largest asset manager, is closing down its private fund business in China after just three years and instead will focus on mutual funds, in a move to meet regulatory requirements.

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