BlueBay, Blackrock, Ashmore and UBS exposed to Evergrande

BlackRock Inc (BLK.N) and Royal Bank of Canada’s (RY.TO) BlueBay Asset Management are among asset managers exposed to embattled developer China Evergrande Group (3333.HK), while TCW and HSBC funds have closed positions, researcher Morningstar said. In an analysis Morningstar published on Sept. 24, Morningstar also said UBS Group AG (UBSG.S) and London-based Ashmore Group PLC […]

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