Sunday, May 20, 2012, 4:18 AM CST – China

Media Focus

Too Many Managers

December 2011 Issue | by Angelo Matera

Oriental Outlook October 17, 2011

Despite being seen as highly-paid elites, Chinese fund managers are frequently switching careers due to unbearable stress. Since the fledgling Chinese stock markets remain mired in wild speculation and backroom manipulation, Chinese stock holders typically require their fund man­agers to push for maximum returns in a short time. However, in the current eco­nomic climate, even an outstanding man­ager cannot rely on professionalism to guarantee success, with stock trading in­creasingly resembling Roulette. Analysts are now calling for reform of the stock trading industry in which fund manag­ers could participate in pricing stocks as independent buyers rather than simply following the leads of sellers.

Tags: stock market

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