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The game changer for Hong Kong

Citi’s Stewart Aldcroft explains how positioning for the proposed mutual funds recognition scheme between Hong Kong and mainland China will be crucial for global investment managers.
The game changer for Hong Kong
Hong Kong and mainland China regulators are working on the details of a mutual recognition agreement for investment funds – a regulatory change that promises to be one of the most significant developments for Hong Kong’s fund management industry in a generation. Ability to access the $2 trillion mainland funds market without a joint-venture fund management company is the potential game-changer that Hong Kong has been waiting for since China began to open up its markets. Being in p…
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