News summary

The latest data from the China Securities Investment Fund Association shows thatqbertgame, due to no funds under management for 12 monthsqbertgame, 96 private fund managers were cancelled.

Newsletter text

[96 private fund managers were deregistered due to having no funds under management for a long time] On May 11, the China Securities Investment Fund Association (hereinafter referred to as the China Foundation Association) announced that a total of 96 private fund managers had been deregistered as managers due to 12 months of absence of funds under management.

There are various types of cancellations for the China Foundation Association. In addition to "proactive cancellation","cancellation based on announcement", and "association cancellation", a new category of "cancellation without management for 12 months" has been added.