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.
Asian Ucits fund roll-outs remain on track, despite Europe's debt crisis, says Luxembourg law firm Arendt & Medernach.
Greater interest in Ucits from fund managers in Asia, including China, leads to expansion at Arendt & Medernach in Hong Kong.
Uncertainty over European regulations is leading Asian firms to set up lightly regulated offshore structures, says Arendt & Medernach, a firm specialising in Luxembourg law.