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What the ‘Smart Money’ Knows About China’s Evergrande Crisis
- throwawaysea 5y agoThis article mentions how being alone as a fund manager, deciding to either invest or divest when the crowd is going the other way, is a risk. Fund managers get fired when they are both wrong and alone. This suggests that many funds are invested in China to stay with the crowd. Are there funds (ETFs, mutual funds, index funds) that are not invested in Chinese companies or companies with significant dependence on Chinese customers?