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Foreign asset manager cashing in on China's pension market - 2022-04-29

 

 

Global asset manager BlackRock is offering retirement wealth management products to Chinese people amid the country's pension reforms.The product, the first of its kind issued by BlackRock CCB Wealth Management, opened for investors starting on Monday until May 9 and is a public mixed asset product with a maturity of 10 years.It builds a portfolio that includes less risky treasury bonds, policy bank bonds and risk assets.

 


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