Hong Kong’s Securities and Futures Commission (SFC) finds deficiencies and inadequacies in fund managers’ liquidity risk management practices.
Reacting to “liquidity risk management in overseas markets”, the CSRC has proposed a tool to counteract illiquid mutual fund investments.
“The number of small-cap companies are increasing. Some local brokerages are bringing in new initial public offers in Korea. New companies are definitely coming up in Hong Kong and China, and India has so many small-caps,” Csellak told Fund Selector Asia. That creates potentially more undiscovered gems for small cap investors willing to do the […]