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Yinhua Fund Management gets approval for anti-inflation fund in China

China-based Yinhua Fund Management has got approval to launch a new fund called Yinhua Anti-Inflation Theme Fund.  BNY Mellon Asset Servicing has been selected as the global custodian for the fund. Founded in 2001, Yinhua has over RMB85bn of assets under management as of 31 December 2010 and was one of the first companies to receive a QDII license (Qualified…

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