The LP View: RMB fund managers face steep learning curve to woo China's rising state LPs

The LP View: RMB fund managers face steep learning curve to woo China's rising state LPs

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this file picture illustration taken in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Files

As state capital investors become dominant in China’s private market, market participants expect a steep learning curve for fund managers looking to tap into the rising state-backed RMB opportunities.

Edited by: Padma Priya