Bank distribution - a blessing and a curse, says Pickerell
The outgoing chairman for Asia of Nikko Asset Management suggests the amount of regulatory compliance attached to fund sales is preventing the industry from moving forward.
A senior executive at the Hong Kong arm of Australian asset manager AMP Capital thinks Asian regulators need to relax the rules for some funds, and allow for greater choice of funds, including real assets funds at a retail level.
Kerry Ching, who is managing director of AMP Capital Asia says real assets, including real estate and infrastructure could become a major new area of asset growth for the local fund communities across the region.
“In this market, where there is no safe …
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