MutualFundWire.com: Morgan Stanley Enters China Mutual Fund Market
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Wednesday, May 7, 2008

Morgan Stanley Enters China Mutual Fund Market


Morgan Stanley is entering China's mutual fund market. The firm purchased a 40-percent stake in Jutian Fund Management Co., which now bears the name Morgan Stanley Huaxin Fund Management Co., The Wall Street Journal reports.

The Shenzhen-based firm has AUM of $372 million (2.6 billion yuan).


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