Assets under the management of Chinese mutual funds, as well as stock and futures brokers, amounted to some 30.35 trillion yuan as of end-June, according to data released by the Asset Management Association of China, China's fund industry association.
Of the total amount, 7.11 trillion yuan were managed by publicly offered mutual funds, 9.05 trillion yuan were separately managed accounts managed by mutual funds, 10.25 trillion yuan were asset management schemes managed by securities companies, and 3.89 trillion yuan were managed by non-publicly offered mutual funds.
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