UBS Dials Back China Fund Plans on High Costs, Grim Outlook

UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a dim profit outlook, people familiar with the matter said.

Apr 23, 2024 - 07:57
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UBS Dials Back China Fund Plans on High Costs, Grim Outlook
UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a dim profit outlook, people familiar with the matter said.

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