Shanghai Daily – E Fund Management Co plans to launch China’s first officially registered hedge fund to limit market risks through stock index futures and maximize returns of each unit of risk.
The country’s second-largest asset management company will be able to raise money from high-net-worth individuals in separate managed accounts.
E Fund, its clients and trustee Bank of China have signed agreements and the fund has been submitted to the China Securities Regulatory Commission for registration, according to the company.
