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Global fund managers build 'significant exposure' to Chinese stocks in sentiment shift, HSBC says

Global investors turn constructive on Chinese stocks after a series of stock market reforms aimed at strengthening scrutiny and boosting returns to shareholders. ....

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Made in Italy Fund acquires fashion brand Dondup


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Pic: Dondup
Made in Italy Fund is once again backing fashion, by recently acquiring the Dondup brand from the European and Asian Funds of L Catterton. Dondup is Made in Italy Fund’s seventh investment and its fourth in the fashion sector. The purpose is to create an industrial group capable of encouraging synergy between Dondup and some of the fund’s fashion portfolios.
Two such entities are 120% Lino, an Italian leader in producing linen and natural-fibre garments, and Rosantica, a brand specialized in making gem bags and precious accessories.
Terms of the transaction were not disclosed, the Fund said in a press release. ....

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