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More Chinese brokerages push for actively managed accounts amid shakeup

More Chinese brokerages are pushing for a higher asset balance derived from their actively managed accounts after the industry’s AUM underwent a major shakeup in 2017. According to the Asset Management Association of China’s (AMAC) first-quarter league table, more leading players from the industry’s top 20 – including CITIC Securities, Guotai Junan Asset Management, and Guangfa Asset Management – have now achieved…

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