There is a growing focus on wording contracts to try to ensure protection from future pandemics, but the trend has sparked questions over the effectiveness of such efforts.
Hong Kong has boosted its competitiveness as a private equity fund centre by confirming, this week, that it would review its tax treatment of carried interest as income.
Mifid 2 will force brokers to detail how commission payments are being spent. Asian asset owners may demand the same level of disclosure, says Leonard Ng of Sidley Austin.
London remains well set as a European base for Asian fund houses, but it's not so clear-cut now for non-EU wealth managers, says Leonard Ng, partner at law firm Sidley Austin.
The number of Chinese fund firms seeking licences in Hong Kong is growing fast, even as the city’s investment sector faces a tough year, says one industry expert.
Operational issues and uncertainties over marketing and disclosure on both sides of the border underline why this is no get-rich-quick scheme, says lawyer Effie Vasilopoulos.
Neuberger Berman hires Asia PE chief; Navis boosts HK team; Jih Sun recruits new GM; Acion takes on portfolio managers; Sidley Austin makes PE hire; and HK SFC names new non-executive director.
The potential for success of the planned Asean and Hong Kong-China cross-border fund schemes seems clearer than that for the Asia region funds passport, argue industry players.
Signficant moves by investment fund lawyers in Asia in recent months amid fierce competition may reflect greater optimism about the global economy.
Asian hedge funds are hurrying out questionnaires to their investors to determine which can be classified as 'US persons', with just two months to meet a change to Dodd-Frank rules.
International law firm shifts Allen Kim to Hong Kong and promotes Jason Elder in the same office.