AIG-Huatai Begins Selling First Mutual Fund in China
March 14, 2005
AIG-Huatai Fund Management, a Shanghai-based joint venture between AIG Global Investment and Huatai Securities, began selling its first mutual fund in China last Monday. The company hopes to capitalize on the long-term investment potential of China's capital market and will launch more fund products for Chinese investors in the next couple of years. Investors in AIG-Huatai's equity fund are likely to have greater investment choices as more companies are expected to be listed domestically this year.
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