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TSLam
TSLam
·
2021-03-18
[微笑]
非常抱歉,此主贴已删除
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TSLam
TSLam
·
2021-03-16
[流泪]
Vanguard Hits Pause on Fund Ambitions in China
The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with
Vanguard Hits Pause on Fund Ambitions in China
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TSLam
TSLam
·
2021-03-15
$SINGAPORE AIRLINES LTD(C6L.SI)$
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The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. 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