Asia passports could merge in five years: State Street
The three proposed passport schemes won't remain separate for long, says regional head of business development Chris Taylor. A survey finds fragmented markets managers' top worry.
![Asia passports could merge in five years: State Street](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20131009090333_Puzzle.jpg&c=1&h=677&q=100&v=20252917&w=1204)
Far from competiting with each other, Asia’s three proposed funds passport schemes will become gradually aligned and merge with each other within the next decade, says State Street.
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