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Pin to quick picksJPMorgan Chinese Share News (JMC)

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BUZZ-UK-listed China funds feel the heat from A-share selloff

Fri, 26th Jun 2015 11:44

** Listed units of China/Asia-focused funds run by Fidelity,JPMorgan, Blackrock among others lead losses on UK mid- andsmall-cap indexes

** Earlier Chinese onshore markets fell sharply bringinglosses on key benchmarks to over 20 pct over 2 wks as unwindingof margin positions sent stocks reeling

** Units of Fidelity's China Special Situations fund down 6.9 pct in good volumes and worst performer on theUK mid-cap index

** Units of another investment trust -- JPMorgan's Chinafund -- fell 5.6 pct and were the 2nd worst performerson the UK small-cap index

** Broader Asian and emerging market funds also hit withAsian Total Return Investment Company, managed bySchroders, down 2.5 pct, JPMorgan Asian Investment Trust, down 3.3 pct, and Blackrock's Frontiers InvestmentTrust down 2 pct (RM: vikram.subhedar.thomsonreuters.com@reuters.net; RM:alistair.smout.thomsonreuters.com@reuters.net)

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