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Chinese fund managers suspend management fees
Johanna Symmons
06 Aug 2008
06 Aug 2008
 |
Friday
05 December 2008
10:35 GMT
At least one Chinese fund manager has been forced to suspend management fees following a prolonged slump in the Chinese stock market and as a result of a legacy clause in the fund prospectus. However, the move could be saving business and may be a useful marketing tool, according to a consultant.
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