# China mutual funds
Latest news and articles about China mutual funds
Total: 2 articles found
Chinese Fund House Faces Scrutiny After Manager’s Poor Returns and Alleged ‘Misattributed’ Marketing
Puyin Ansheng Fund Management is under scrutiny after its Strategy Select fund lost 12.52% while promotional materials lauded returns that mostly predated the tenure of the named manager, Yang Fulin. The case highlights potential breaches of China’s rules on truthful fund advertising and raises broader concerns about investor protection and marketing practices in the rapidly expanding retail fund market.
Star Manager to Reputation Risk: How Wan Jianjun’s Rapid Rise at HuaAn Turned into a Trust Crisis
Wan Jianjun, once a top-performing fund manager at HuaAn, has seen five of seven funds he runs fall into loss and his assets under management shrink by about 60% amid large drawdowns and investor redemptions. The decline stems from high‑density fund launches at market peaks, forced takeovers of troubled mandates, and repeated, mistimed sector rotations that turned a once-coherent investment process into reactive hot‑money chasing. The episode highlights governance risks in China’s retail-driven fund industry and could prompt tighter scrutiny of product marketing and manager role expansion.