SPY415.87+4.42 1.07%
DIA340.44+2.91 0.86%
IXIC14,038.76+180.92 1.31%

Vanguard suspends plans to launch mutual-fund business in China - WSJ

Vanguard suspends plans to launch mutual-fund business in China - WSJ

· 03/15/2021 21:32
Vanguard suspends plans to launch mutual-fund business in China - WSJ

- Top mutual fund manager Vanguard Group has suspended plans to launch a mutual-fund business in China and its shift will lead to a small number of jobs being eliminated, the Wall Street Journal reported late on Monday, citing people familiar with the matter.


(Reporting by Kanishka Singh in Bengaluru
Editing by Shri Navaratnam)

((Kanishka.Singh@thomsonreuters.com; +91 8061822801;))