Regulation is shaping the agenda for fund passporting and not always for the best, according to industry experts at a forum. And with the rise of Asian digital fund platforms, passporting may become irrelevant.
The firm is set to announce another senior addition in Hong Kong shortly after two big hires as it steps up its quest for institutional business in Asia. It is also building in Asian fixed income.
Ajay Kaul, who has been acting CEO at AllianceBernstein for Asia ex-Japan, is confirmed in the role.