A link is emerging between pension funds' exposure to alternative investments and their asset growth, according to two recently-released studies.
AMP Capital's Asia head says Hong Kong and Singapore are appealing in terms of wholesale but not institutional business, as she assesses where the best opportunities lie in the region.
The European securities regulator's latest draft proposals over the issue of paying for broker research fail to grasp how managers make investment decisions, a forum hears.
Draft plans to remove tax benefits for cross-border funds to eradicate Base Erosion and Profit Sharing could significantly impact investment into Ucits, the Alfi conferences hears.
Reform of Ucits rules in Europe would allow more sales of direct lending and other credit products to Asia investors. The call for change comes as the European Commission implements a €315bn loan stimulus plan.
A European bank regulator's proposals to curb shadow banking have been criticised over the extent to which they could be applied to EU-based asset management firms.
Stewart Aldcroft of Citi says Ucits funds will not be allowed to participate in Hong Kong-China mutual recognition in the next few years, despite a Luxembourg lobbyist's argument to the contrary.
Ucits product is likely to be part of the mutual recognition scheme within two years, says the head of the Luxembourg funds association, despite a previous attempt to join being rejected by China.
They prefer mutual funds over direct investments in less liquid markets such as Asia due to the expertise and cost effectiveness they provide, institutions tell a distribution forum.
Alfi, Amac ink agreement; BIS issues asset management industry warning; China tackles insider trading; Hong Kong regulator implements private banker framework.