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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

China Fund Shareholder Battle

China Fund failed to win an injunction Monday against the City of London Investment Group, a shareholder that is fighting to terminate Allianz Global Investors as China Fund's investment manager and to install two nominees on the fund's board of directors.

MANHATTAN - With the City of London Investment Group fighting to terminate Allianz Global Investors as investment manager of the China Fund, vying to install two of its nominees on the fund’s board of directors as well, a federal judge denied the China Fund emergency relief in a bench ruling Monday.

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