The firm, which manages one of the world’s largest money market funds, is trying to diversify its product range.
HEAD-TO-HEAD: Tianhong vs JP Morgan
FSA compares the world’s two largest money market funds: Tianhong’s Yuebao and JP Morgan’s US government fund.
China’s mutual fund industry in two charts
The domination of China’s domestic mutual fund market by money market funds becomes apparent from looking at two charts.