BlackRock, Fidelity kick off 2018 private fund race

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By Noah Sin
04 Jan 2018

Foreign asset managers in China have started the New Year in style. Fidelity International launched two funds on January 2, covering onshore equity and fixed income, after receiving its private fund management (PFM) licence last May. The move came less than a week after BlackRock got the regulatory green light for its own PFM licence.

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