HONG KONG -- Foreign asset managers Fidelity International and Neuberger Berman have made new regulatory filings in their push to sell retail mutual funds in China, even as recent market volatility complicates efforts to raise money from mainland investors.
Fidelity International, a Bermuda-headquartered company that was spun off from US-based Fidelity Investments, asked the China Securities Regulatory Commission this month for permission to roll out an equities fund, while US-based Neuberger sought approval in late December for a bond vehicle, official records show.
