The Securities Commission will cooperate with the EU under the Alternative Investment Fund Managers Directive. But the number of Malaysian fund houses marketing to European investors may be limited.
Tag : eu
Asian asset managers worry they may be affected by European Union plans to introduce a bonus cap for senior executives at firms running Ucits funds.
A private equity COO fears rule tightening is too broad-brush and will inflate costs, while a fund-of-hedge-fund COO says clarity is needed over new reporting requirements.
Making custodians liable for asset losses would raise costs sharply, lead to consolidation and alter the way the industry operates, agree summit participants.
