Southeast Asia’s funds industry: five years on

As one of Asia’s three main financial hubs alongside Hong Kong and Tokyo, Singapore – specifically its regulatory reaction to Lehman Brothers' collapse five years ago – is significant, not least because the crisis has had a substantial impact on rule-making with regard to investment products across Southeast Asia. Perhaps the clearest and highest-profile example of the problems caused to investors – in the retail market at least – is that the almost 10,000 investors who lost more …