HK voted ideal location to domicile funds
City can take heart from our annual survey, with Hong Kong also top in terms of where products for sale in Asia will be domiciled. But Ucits is seen as having a branding problem.
Hong Kong was voted the ideal location to domicile funds if the regulatory and tax regime allowed, finds an annual survey of fund industry executives by AsianInvestor and Clifford Chance.
The survey received 244 responses, up from 160 last year, primarily from regionally located business and sales executives among asset management firms, as well as from some asset owners and distributors of investment products.
Asked where the ideal funds domicile would be, 33% voted for Hong Ko…
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