ARFP offers “best chance” for fund passport
The initiative between Korea, Singapore, Australia and New Zealand actually offers the best long-term hope for a regional platform to rival Ucits, an AsianInvestor roundtable hears.
The proposed Asia Region Funds Passport (ARFP) offers the best chance for developing a single Asia-wide cross-border scheme to rival Europe’s Ucits, an industry roundtable heard.
Organised by AsianInvestor* and featuring panelists in Hong Kong, Singapore and Australia, the debate included scepticism of the ARFP scheme, which is scheduled to be introduced in 2016 and comprises Singapore, Korea, Australia and New Zealand.
Nick Hadow, director of business development in Singapore a…
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