HANGHAI : Chinese fund managers are rushing to set up wind power funds, in the latest move to capitalize on investors’ green fever, as global climate talks in Glasgow rekindle interest in China’s carbon neutrality pledge. More than 10 fund managers have applied to set up China’s first batch of exchange-traded funds (ETF) tracking the […]
Chinese fund managers rush to capitalize on investors’ green fever
SHANGHAI: Chinese money managers are rushing to launch new energy funds, seeking to capitalize on investors’ green fever which has been fuelled by President Xi Jinping’s carbon neutrality pledge. China’s first photovoltaic industry exchange-traded fund (ETF), launched by Huatai-PineBridge Fund Management Co in December attracted hot demand, with assets under management jumping nearly six-fold in […]