Since 2007, public fund assets have shrunk in a large scale associated with the number of people who would like to invest in public fund reduced. At the same time, the proportion of institutional investors increased year by year, but the fund per household has shrunk over the past four years by 70%. Relentless data means that rich people are leaving – this is the most reluctant reality and pain to most public funds manager.
The rich are moving way means the raised funds are “helpless” return to nature of the role of public financial management. The public fund is also dedicated to the special financial development business for the rich to retain the rich people; many companies have inputted high-quality human resources to serve the minority rich people.
Economic Observer
Translated and edited by Peng Bo. He is now a edotor of m4.cn. Write to him at pb.bloomberg@gmail.com.