Making funds work in China

Denis Lefranc, GM of Fortune SGAM Fund Management talks about the challenges facing foreign fund managers in China.

SGAM has achieved some pretty respectable results in the two years since its inception one billion dollars under management, over twice the figure in December last year and returns of up to almost 19% on certain of your funds. How challenging has the process been

Lefranc, It's not been easy, especially after the SARS epidemic last year caused much of the market to grind to a halt.

However, the take up in our funds has been extraordinary. There's clearly enormous appetite out there for this type of investment products, both with us and other fund managers.

Were they are any major problems setting...

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