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Global Fund Managers Eye Trillion Dollar Pension Business In China

TedTed
in The Bullpen
FYI: Global asset managers are lobbying Beijing to offer tax benefits and other incentives to entice China’s aging population to invest in mutual funds for their retirement, as funds eye a multi-trillion dollar opportunity in commercial pensions.

Their hopes for a bigger role in China’s pension market and its reform process received a boost this month when regulators published guidelines for the introduction of Western-style pension target funds.
Regards,
Ted
https://www.reuters.com/article/china-pension-funds/global-fund-managers-eye-trillion-dollar-pension-business-in-china-idUSL3N1R23OM
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