HK urged to introduce open-ended fund structure

Jul 17, 2014

Hong Kong should replace its unit trust fund-raising structure with an open-ended fund company structure if it wants to attract Chinese hedge funds to domicile in the city, says the CFA's Paul Smith.

HK urged to introduce open-ended fund structure

To entice more Chinese hedge fund managers to raise capital in Hong Kong, the city should press ahead with introducing a new open-ended fund company structure, say observers.

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