The asset manager has converted five unit trusts into open-ended fund companies (OFCs) to lure mainland investors.
Tag: OFC
BEA Union to roll out its third OFC product
The fund is an Asia-focused FMP.
What are the advantages of Hong Kong’s OFC regime?
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
No takers for HK’s new fund structure
But the hope is that a July change in Cayman Islands regulations will steer hedge and private fund managers toward locally-domiciled funds.
Survey: APAC managers to offer more multi-strategy
Managers based in the region aim to expand their product range to include more complex asset classes over the next five years, according to a State Street survey.
Singapore’s new structure to rival Cayman funds
Will Singapore’s new corporate structure for traditional and alternative managers grow at the expense of Cayman Island-domiciled funds?