U.S.-based Prudential Financial has also been approved to set up an insurance asset management firm in Beijing, Li said. "Next, we will support Beijing's financial opening up as always," Li added. Insurance has been one of the fastest-growing financial sectors in China....
In addition to the existing fund categories - "Equity Funds"(Note C), "Mixed Assets Funds"(Note C), "Bond Fund"(Note C) and "Money Market Fund"(Note C), the new Series facilitates the availability of both active and passive-managed constituent funds within a single Scheme. Note C:Fund...