Vanguard, world’s 2nd largest asset manager, to exit Hong Kong (and Japan) and move to … Singapore? …Nope. Shanghai! Why? Because it needs scale of mainland market to drive its low-cost individual-centered fund management model.
ft.com/content/ff2924… https://t.co/6WycPrfcNt
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…