Difficulties in getting fund sales approvals and lack of demand from investors make Asia’s fund managers reluctant to join the Asean Collective Investment Scheme (CIS), according to Andrew Gordon, managing director for Asia at RBC Investor and Treasury Services.
Tag: Asean Collective Investment Scheme Framework
First ETF approved under Asean CIS
Singapore Exchange (SGX) has approved the listing of One Stoxx Asean Select Dividend ETF under Asean Collective Investment Scheme (CIS) framework, according to a statement from the exchange.
Distribution challenges in ASEAN CIS
The ASEAN collective investment scheme framework will take time to gain traction as the real challenge lies in penetrating the local distribution networks, according to research firm Cerulli Associates.
