Nine foreign fund firms are included in this year's preferential scheme, but is it discouraging product innovation and hurting investor interests?
The top 15 active houses worldwide attracted over half of industry inflows last year, proving size matters. Their growth was driven by income funds, equity, multi-asset and alternatives.
Post-crisis, there is greater pressure on managers of fund managers in Asia to justify their fees and provide more information about the funds they choose.
Equity derivatives veteran Jeremy Kloiser-Jones will join Macquarie Securities in Hong Kong on December 1.
Frank Gong named MD, head of research and chief economist, China.
Scott Seo takes over from SH Lee.