China’s first quant fund underscores diversification drive

The drive to offer investors in mainland China more diversification opportunities continues apace with foreign fund firms at the vanguard after one of them this week became the first to offer a non-traditional strategy. The extra diversification potential brought by foreign asset managers is thought to be keenly expected by the investment community in China including regulators, investors, and service providers. London-headquartered Man Group, one of eight foreign asset manageme…