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Cai Xiangyang, A Veteran Fund Manager At China Asset Known For His Big Bets On Baijiu Distillers, Dies Aged 41 | South China Morning Post

by scmp.com posted 3weeks ago 2 views
A well-known veteran money manager at China Asset Management, one of the country’s biggest mutual-fund firms, has died at the age of 41.Cai Xiangyang, who managed 10 funds with a combined US$7.8 billion in assets, died on Monday in Beijing, China Asset said in a statement, without giving more details. Cai won six industry awards for stock investments during his 14-year stint at the firm, and the dividends issued by his funds totalled 14.2 billion yuan (US$2.2 billion), it said.Cai was known to…

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