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Sovereign Wealth Funds Briefing - Categorized | Performance

China equities funds performance still weak

Posted on 28 October 2008

From Asianinvestor.net: The Hua An International Balanced Fund, the country’s first QDII product, has been affected by a large amount of structured notes guaranteed by Lehman Brothers.

Equity funds in China posted an average loss of 6.6% in September, extending August’s 12.21% decline, according to Lipper data. That brings equity fund performance for the three quarters of 2008 to an average loss of 52.71%….. Full Article: Source


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