BlackRock tests Chinese retail investor appetite with mutual fund launch

BlackRock tests Chinese retail investor appetite with mutual fund launch

FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson

BlackRock, the world’s largest asset manager, started selling its own mutual fund in China through a local subsidiary on Monday, tapping the fast-growing $3.6 trillion retail fund market.

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