Singapore wins industry favours; pity about the lack of RMB

Singapore was named the country with the most pragmatic post-crisis regulatory regime for the funds management industry, in a survey of 241 industry participants recently carried out by AsianInvestor and Clifford Chance. Singapore won 26% of the vote, from executives among asset-management companies, service providers, institutional investors and other buy-side organisations, mostly located in Asia-Pacific. Hong Kong came second with 19%. With the US and Europe in third and four…