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Why has Asia not copied the Ucits model?

Bernadette Tio
In a debate over what would make an Asia fund passport successful, panelists in Singapore question why Asia has not tried to plagarise Europe's successful cross-border scheme.
Why has Asia not copied the Ucits model?

Asia should simply copy Europe's successful Ucits framework rather than striving to develop its own fund passporting programme, a senior HSBC executive has urged.

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