The $44 million Judah Value Fund, based in Singapore, likes to work behind-the-scenes and will only engage with firms that are receptive to “positive activism,” according to manager Roland Thng
Assets were dragged down by global bond funds, noted Chayanee Juengmanon, Bangkok-based senior research analyst at Morningstar.
The surge in Chinese candidates was revealed after tallying the results of the June level III exam, which was taken by 35,518 candidates, the institute said.
Clients, especially new clients who open the account in this quarter, tend to be more cautious during market volatility,” said Chuang Shangyan, Noah’s chief financial officer, on the financial results conference call.
As many as six NFOs across equity plus thematic, equity hybrid, bonds and arbitrage categories are open for subscription to investors.
The risk of more frequent quarterly current account deficits and moderating foreign direct investment, at a time when corporate dollar debt has soared, will limit China’s capacity.