BlackRock Slashes Monthly Fees for China Funds – Ignites Asia

US investment giant BlackRock has slashed its monthly fees by 90% for Chinese investors in its two retail funds, due to weak investor interest, according to Ignites Asia, a regional asset management newsletter.

The move applies to the BlackRock China New Horizon Mixed Securities Investment Fund and BlackRock Hong Kong Stock Connect Long Horizon Mixed Securities Investment Fund, the Financial Times-owned newsletter said.

Read the full report: Ignites Asia.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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