BlackRock bets on #China - FT.com

BlackRock’s iShares FTSE A50 China fund, which tracks the country’s A-share market, boasts as much as $7.6bn in assets; its actively managed China fund has $1.2bn and its renminbi bond fund $110m. Its new quantitative equity fund offering exclusive exposure to China, which is managed in San Francisco, has also raised its first $100m through the Chinese government’s quota system.

The institutional and retail money flowing into these funds is split almost evenly between Asian and non-Asian investors, with more money coming recently from Swiss private banks, the British, Italians and Latin Americans, said Mr McCombe.

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