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Ucits in China? Wishful thinking, says BBH exec

Bernadette Tio
It would make little sense for China to accept Ucits funds or to merge with other Asian passport schemes, says Sean Tuffy, head of regulatory intelligence at custody bank BBH.
Ucits in China? Wishful thinking, says BBH exec

There is still talk in Europe of Ucits products being allowed in China via the cross-border mutual recognition of funds (MRF) scheme, but it is wishful thinking, argues a senior executive at custody bank Brown Brothers Harriman.

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