China is being left out by a record number of new EM stock funds

The latest launches include vehicles from Wall Street titans including Goldman Sachs Asset Management, BlackRock Inc. and Lazard Asset Management.
Doubts over the investability of Chinese equities have gathered steam. | Photo: Pexels: Magda Ehlers.
Doubts over the investability of Chinese equities have gathered steam. | Photo: Pexels: Magda Ehlers.
By Abhishek Vishnoi, Bloomberg

Launches of emerging market equity funds that exclude China have already reached a record annual high in 2023, as investor concerns grow over weak returns as well as the risks of investing in the nation.

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