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Wall Street Will Struggle to Manage China Money

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As fund managers globally struggle with lower fees and the rise of passive investing, China has emerged as the industry’s next holy grail. But while the opportunities are immense, foreigners won’t find it easy. International firms from UBS Group AG to BlackRock Inc. and Fidelity Investments are jostling for a…

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Click here to read the full story: Bloomberg Quint

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