No More Fake Fidelity Or Bogus Buffett – China Bars New Copycat Fund Names

(Reuters) Chinese asset managers will no longer be allowed to make a name for themselves by exploiting brands such as HSBC, Goldman, Morgan or Fidelity in their newly-launched funds, according to industry guidelines published this week. They’re also barred from linking their products with market wizards such as Warren Buffett or Peter Lynch under new Asset Management Association of China (AMAC) rules that bar unauthorised use in private fund products of renowned trademarks, names of famous people or institutions.

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