Mutual Funds News
Mutual Funds Nab $728.4 Million
Municipal bond mutual funds reported another healthy slug of new money last week as demand for high-quality fixed income continued to drive investment flows.
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China Mutual Funds Post First-Half Loss of $64.7 Billion, Securities Says
China’s mutual funds posted a first- half loss of 439.8 billion yuan ($64.7 billion), the Shanghai Securities News reported today, citing TX Investment Consulting Co.
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China's Mutual Funds Post Second-Biggest Six-Month Loss on Property Curbs
China’s mutual funds posted their second-biggest loss for a six-month period as stocks plunged after the government wound back monetary stimulus and curbed property speculation, according to TX Investment Consulting Co.
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Chinese mutual funds lost more than US$60 billion in first half
China's mutual funds posted total losses of 439.75 billion yuan (around 64.69 billion U.S. dollars) in the first half of 2010, the highest since the second half of 2008, according to statistics from TX Investment Consulting Co. Ltd.
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China's mutual funds post huge book losses
China's securities-based mutual funds reported book losses totaling 439.75 billion yuan (64.64 billion U.S. dollars) in the first half, TX Investment Consulting Co. Ltd., said Monday in a report.
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China funds lost US$65b in 1H due to stocks, say reports
SHANGHAI: China's securities mutual funds made a combined loss of 439.75 billion yuan (US$65 billion, or RM202.46 billion) in the first half of the year, the second biggest loss in history, due mainly to a weak stock market, state media reported on Monday, Aug 30.Among 661 mutual funds managed by 60 fund management firms, 261 stocks-oriented funds reported the biggest loss, of 296.3 billion yuan ...
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