M&G Fund Went Big in China Stock Purchases on Capitulation Bets
(Bloomberg) -- A macro fund of M&G Investment Management Ltd. loaded up on Chinese stocks last month, taking advantage of the heavy selloff, which further cheapened valuations.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsNvidia’s $70 Million Florida Supercomputer Ho
Source: yahoo.com
