China fund’s 618 per cent return in 10 years shows it’s putting money where its recommendation is

Longrising Asset Management allocates half of its assets in cash, as it’s concerned about China’s economic outlook and the trade war with the US. Beijing Longrising Asset Management, an equity-focused fund manager that oversees about 20 billion yuan (US$2.9 billion), has 10 billion yuan of that in cash. The fund’s top executives are worried about China’s economic outlook and … http://bit.ly/2NfWd2d

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