AMP Capital tells retail investors to stick with China Growth Fund
Sally RoseFinancial services reporter
Updated
AMP Capital wants the retail investors in its $430 million ASX-listed China share fund to vote against the offshore institutions trying to shut it down.
"The institutional investors who want the fund to close so they can cash in have other options to invest in the Chinese sharemarket, but that is not the case for the roughly 6200 retail investors in the fund," AMP Capital managing director Adam Tindall said.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In Financial services
Fetching latest articles