News summary
The latest data from the China Securities Investment Fund Association shows that 96 private fund managers have been deregistered due to no funds under management for 12 months.
Newsletter text
[96 private fund managers were deregistered due to having no funds under management for a long time] On May 11, the China Securities Investment Fund Association (hereinafter referred to as the China Foundation Association) announced that a total of 96 private fund managers had been deregistered as managers due to 12 months of absence of funds under management.
There are various types of cancellations for the China Foundation, excepton88slotIn addition to "proactive cancellation","cancellation according to announcement", and "cancellation by association", newon88slotThe category of "12 months without cancellations under management" was included.