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Fidelity International raises 5 bln yuan for China bond fund - statement

Fidelity International s China mutual fund unit said on Thursday it had raised 5 billion yuan for its first fixed income mutual fund. FIL Fund Management Co Ltd completed fundraising. -November 22, 2023 at 08:03 pm EST - MarketScreener

Mutual fund firms expand reach in China s capital market

Mutual fund firms expand reach in China s capital market
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Mutual fund firms reach deeper into China s capital market

For the first time since 2021, Rajeev Mittal, managing director of Fidelity International Asia-Pacific (ex-Japan), flew to China in mid-February. The primary reason for this trip was simple to attend the opening ceremony of the asset manager's wholly foreign-owned enterprise FIL Fund Management (China) Co Ltd in Shanghai, which had just obtained a mutual fund license from the China Securities Regulatory Commission in early December.

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