Passporting to threaten scale: Manulife
Splitting up assets across different markets and platforms in Asia could be problematic, argues Donna Cotter, the insurance firm's Asia head of wealth management.
While asset managers are rubbing their hands together in anticipation of Asia’s three fund passporting schemes, they should also be concerned about fragmentation of assets, warned Donna Cotter, Asia head of wealth management at insurer Manulife Financial.
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