Hua An Fund Wil Suffer from Lehman Collapse
Aggregated Source: China Venture News
September 17, 2008|
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Hua An Fund Management Co today said that it faced "potentially heavy losses" from the collapse of Lehman Brothers, according to the Industry Standard.
The report gave no numbers. The Hua An Fund is a "qualified domestic institutional investor," or QDII. It is one of a dozen funds worth 72.6 billion yuan ($10.6 billion) managed by Shanghai-based Hua'an. It was the first fund approved to conduct overseas investments under the QDII program. See full article.
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The report gave no numbers. The Hua An Fund is a "qualified domestic institutional investor," or QDII. It is one of a dozen funds worth 72.6 billion yuan ($10.6 billion) managed by Shanghai-based Hua'an. It was the first fund approved to conduct overseas investments under the QDII program. See full article.
Related Entries:
Contents of this feed are a property of Creative Weblogging Limited and are protected by copyright laws. Violations will be prosecuted. Please email us if you'd like to use this feed for non-commercial activities at feeds - at - creative-weblogging.com.
Original URL: Click here to visit original article
Copyright China Venture News
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