|
By Guillaume SCAFFE, Partner and Louison NEUVILLE, Senior Manager, Deloitte Luxembourg
Foreign funds are shaping the Asian investment landscape, even outpacing domestic products in some jurisdictions. Asia is now the third largest region by assets under management (AUM) in the world and ranks second in cross-border assets, right after Europe, confirming the region’s attractiveness for foreign funds. However, the investment management industry perceives cross-border distribution in Asia as costly and complex, acting as a roadblock. But is this reality or a misconception? Although the region’s regulatory frameworks are clearly different from the harmonized European model, some similarities exist. Furthermore, recent initiatives have streamlined regulatory...
|