Asia funds industry underestimating Fatca impact

Local distributors and fund managers are ignoring the cost impact, and some say the new legislation will make foreign financial institutions de-facto tax enforcement agents of the IRS.


Quick Poll

How will you alter your portfolio after the US election result?





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Underweight US
  18%
 
Overweight US
  34%
 
Underweight EMs
  10%
 
Raise cash levels
  26%
 
No change
  12%
TOTAL VOTES: 77
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November 2016 Magazine
AsianInvestor Magazine