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: Hong Kong China Mutual Fund Recognition
FE launches HK advisory services
FE Advisory Asia will provide research and model portfolio services to address the growing number of funds in the SFC-authorised universe.
Asian managers tend to wait and watch
Nearly 65% of respondents believed it is more prudent to instead learn from the experiences of first movers as the risks are high due to the complexity of dealing with several regulatory authorities. A majority of respondents (83%) expect an increase in the regulatory agenda in Asia over the next five years. “This poll suggests […]
