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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Vanguard, the world’s second-largest asset manager, has ruled out re-entering China’s fund industry even as the group seeks to accelerate its global expansion beyond its biggest market in the US.
Chris McIsaac, head of Vanguard’s international business, told the Financial Times that the group decided to pull out of China two years ago because of “a mismatch”…
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