Regulators have approved a scheme to allow funds to be distributed between Hong Kong and Britain. We asked four funds experts what the prospects are for this new arrangement.
Asian funds passporting schemes have struggled to attract interest from fund managers for a variety of reasons, ranging from taxation to fund distribution challenges.
Other topics covered by a survey of delegates at AsianInvestor’s latest COO Forum included outsourcing trends, MiFID II, regional passporting schemes, and alternatives investing.
With the UK planning a hard separation from the European Union in 2019, Asian service providers in London need to start making plans.
Fund executives put the territory well ahead of mainland Chinese cities and Singapore in this regard, despite certain reservations, finds a survey by BBH due for release today.
Industry participants are questioning the motivation behind and benefits of Hong Kong's new agreement with Switzerland on mutual recognition of funds.
EY has analysed the tax treatment of domestic funds versus foreign products that may be marketed under the Asia Region Funds Passport, to see what progress needs to be made.
Europe’s securities watchdog has recommended extending certain EU passporting rights to alternative fund managers in four Asian markets. But questions need answering and delays are expected.
Yesterday’s signing of the memorandum of cooperation for the Asia Region Funds Passport has sparked calls for jurisdictions to address the unequal tax treatment of cross-border funds.
A decision on giving Asian alternative managers access to Europe via passporting has been delayed. But managers' response has been muted thanks to their success in accessing Europe via alternative routes.
Fund industry players see Asia's regulatory environment going through a good deal more change than global rules over the next five years, a survey shows. And they have tipped one passporting scheme for success.
A Philippine association says that without passage of key investment legislation, the country's funds industry will remain fragmented and unready for the Asia Region Funds Passport scheme.