New corporate fund structures in Hong Kong, Australia and Singapore aim to make these domiciles more attractive to asset managers and investors. In part two of this mini-series, we examine whether asset managers should include them in their fund manufacturing and distribution strategies.
In competition with schemes such as UCITS, the development of corporate fund structures in Asia Pacific is providing more options for asset managers to domicile funds. We break down what the new structures mean.
The authorities' reliance on the police to stamp out protests instead of negotiating is inciting greater violence from both sides. It could cause China to erode the city's high autonomy.
The masks ban using colonial-era legislation further damages Hong Kong's democratic credentials. With no end to the turmoil in sight, the city's financial status continues to weaken.
The HKMA warns that the global investment environment will become more challenging in the second half of the year, after posting an investment loss of HK$7.7 billion in the last quarter.
John Leung, the new insurance regulator's chief, leaves in late June. Its soon-to-be-announced new head will need to add staff and promote Hong Kong as an insurance hub.