The institutional fund distribution platform is pressing ahead with its second Asian branch, despite uncertainty following months of protests and, more recently, the coronavirus.
Asset managers, advisers and distributors in India say planned rules to separate provision of investment advice from sale of mutual funds will hamper investment industry growth.
Local investment boutiques will continue to prosper in Asia, alongside cross-border tie-ups, say executives from global fund houses, given the high cost of building onshore businesses.
Electronic platforms such as Credit Suisse’s new launch will need to cope with the sophisticated products that wealthy investors will want, say industry experts.
Mabel Chan left the fund house in June, just eight months after she joined. The departure comes on the back of a team restructuring, said a source familiar with the firm.
Developments in financial technology solutions for asset managers promise to create new, detailed investing solutions, as well as changing the manner in which funds are distributed.