Asia enters funds passporting race – The Asset – Press article

Realizing their lack of control over investment flows in their own markets, Asian regulators have sought to build a plateform for cross-border sale of mutual funds in the region and beyond. Three funds passporting shemes have emerged to compete with Europe’s UCITS for the Asian market: – the Hong Kong-China mutual recognition sheme – the Asean CIS funds passport – the APEC Asia funds passport Each one has a story that is equally compelling as the other. But which one will be launched first and which one will succed? All of these questions are discussed in the attached article.

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Kremer Claude