DWS Chief Urges Investors to Ignore China Crackdown ‘Noise’: FT

(AF) Asset managers should ignore the “noise” of China’s regulatory crackdown and focus instead on the country’s long-term potential, the Financial Times reported DWS chief executive Asoka Woehrmann as saying.

The head of the €859 billion German investment firm said asset managers need a “long-term view in China” and should “learn to deal with these uncertainties”, the report added. Full story: Financial Times

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Tags: Asset Management

Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.