Fri, Nov 16, 2012 - Page 13 News List

FSC uncovers more ‘illegal trading’

GOVERNMENT FUNDS:The commission said that four more fund managers from four securities investment trust companies may be involved, but it refused to name them

By Amy Su  /  Staff reporter

However, the commission did not support the idea of abolishing the practice of outsourcing management of government funds, saying it is a business model used by many major countries.

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