Investor trust, not flows, will drive passport success: Khoury

Instilling investor confidence will dictate the success of Asia’s pending fund passport schemes, more than asset flows or number of participants, argues Paul Khoury of State Street. “If regulators and participants stick to the rules and ensure a level playing field, and if they can identify and eliminate [fund] failures quickly, I think we will find ourselves in a very successful passporting environment,” said Khoury, the firm’s head of asset manager sector solutions for Asia Paci…