Asean, Chinese fund houses seen readying Ucits launches
Europe’s Ucits fund structure is gaining popularity in Asia despite the development of regional product passporting schemes, says Standard Chartered’s head of securities services.
A growing number of fund houses in Asia are preparing Ucits products with a view to selling them into both their home region and Europe, said Margaret Harwood-Jones, global head of securities services at Standard Chartered. She cited firms in China and Southeast Asia as particularly active on this front.
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