There is fear about a mooted 10% tax being applied retrospectively to gains made by QFII investors trading A-shares. Regulators are tipped to unveil answers in the next six months.
Tag : custodians
Custodians seek to reduce risk - and ultimately costs to clients - in China''s upcoming QFII scheme.
Competition for the insurer''s $40 billion in global assets heats up as one custodian predicts a July announcement for the mandate.
Slow approval of depositories and sub custodians by Hong Kong''s pensions regulator may botch managers'' investment strategy overseas.
A growing hedge fund industry in Australia finds local custody services are not up to scratch, and overseas ones costly.