Fund providers in Hong Kong have begun pushing the envelope when it comes to classifying their funds, according to Steve Chiu, Hong Kong-based managing director of Bosera Asset Management.
Mr Chiu says the bulk of industry players are “doing their best to push” the boundaries to categorise their funds as non-derivative vehicles, including changing some of the features of their products.
“The current trend is to push the limits” with complex funds, Mr Chiu said during a panel discussion at a fund distribution conference last week co-organised by the University of Luxembourg and the University of Hong Kong.
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