The fund scale increase octuple in two years
GUANGZHOU (Fund China) – The fund scale has really increased triple since experienced two years’ bullish market. According to the Wind Information statistics, the fund managements’ various funds’ total scale reached 3.2829 trillion yuan which is octuple of the amount 456 billion yuan at the early of the bullish market or at the end of 2005 from the lastest annoucemnet of fund net value at end of 2007.
And the top 10 asset scale managements at the end of 2007 are China Asset Management Co., Bosera Asset Management Co., Harvest Fund Management Co., Southern Fund Management Co., E-Fund Management Co., Dacheng Fund Management Co., Guangfa Fund Management Co., Hua’an Fund Management Co., INVESCO Great Wall Fund Management Co.,and China International Fund Management Co.
And 9 of the fund managements asset scale is more than 100 billion yuan as followed: China MC, Bosera, Harvest, E-Fund, Dacheng, Guangfu, Hua’an, INVESCO Greatr Wall and the China International. There are 3 fund managements’s asset scale is over 200 billion yuan, that is China AMC 248.1 billion, Bosera 221.5 billion and the Harveset 206.9 billion yuan.
Meanwhile, Some fund managements gain an giant scale in the 2 years. The Everbright Pramerica Fund Management Co., Ltd ranking in front last year, owning a amount of 57.27 billion yuan, is more than 20 times against 2 billion at the end of the year before last year. And the Zhonghai Fund Management last year’s asset scale was increased 20 times against a previous year.
Copyright Fund China 2009.
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