Reform to help funds play big

Blue Stone AMC head says favorable policy can make financing easier for private firms

Incentives through policy, and licenses for private funds, can better support China's financial market and real economy now as the country is already expanding both domestic and overseas investment channels for Chinese companies, the top executive of a major private fund said.

Any new measures as part of China's reform and opening-up policy would help strengthen the financial sector as well, said Duo Yuan, founder and chairman of Blue Stone Asset Management, one of the country's largest private funds by assets under management, or AUM.