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Philippines set for feeder fund rule change?

Fund houses in the Philippines hope the central bank will soon allow feeder structures to invest in any Ucits product, citing fund passporting as a further incentive for this to happen.
Philippines set for feeder fund rule change?

Asset managers have been lobbying the regulator in the Philippines to make changes to allow the feeder fund market to gain full traction, and they believe this may be close to happening.

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