Financials Nov 27, 2020 09:18 PM (GMT+8) · EqualOcean
According to the data released by China Securities Investment Fund Industry Association, as of the end of October, the number of public funds reached 7682, and the net asset value of public funds totaled 18.31 trillion yuan, an increase of 0.51 trillion yuan, or 2.87%, compared with 17.8 trillion yuan at the end of September. According to the data, as of the end of October, there were 131 fund management companies in China, including 44 Sino foreign joint ventures and 87 domestic funded companies; 12 securities companies or asset management subsidiaries of securities companies and 2 insurance asset management companies were qualified for public fund management.