As AsianInvestor's anniversary articles continue, today we look at Singapore. High hopes for the Lion City's mutual funds were dashed by financial crisis, disease, and the desire to make a quick buck.
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The Asean and ARFP schemes will be complimentary, but the commercial viability of passporting will revolve around China, an AsianInvestor roundtable hears.
The limited scope of Asia’s three fund passport initiatives gives them more chance of success initially than if there were one regional scheme, heard an AsianInvestor roundtable.
The initiative between Korea, Singapore, Australia and New Zealand actually offers the best long-term hope for a regional platform to rival Ucits, an AsianInvestor roundtable hears.