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Investors demand diversity disclosure | Investment Executive

Investors demand diversity disclosure | Investment Executive
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BlackRock Receives Nod to Start China Mutual Fund Business

(Bloomberg) BlackRock Inc. received approval to start a wholly owned mutual fund business in China, a step toward winning a slice of one of the fastest-growing wealth markets.The world’s largest asset manager was granted a license from the China Securities Regulatory Commission to start selling onshore investment products and solutions to Chinese investors, the company said in a statement on Friday.The approval comes a month after BlackRock was given the nod to pursue a joint venture asset ma

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