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Choose feeder funds over passports for SEA penetration, says Cerulli

Foreign managers looking for a presence in Southeast Asia (SEA) may fare better fitting their products into feeder funds or fund of funds, said Cerulli, rather than exploit newly available fund passport schemes. The Boston, Massachusetts-based research firm observed in a report “a sufficient level of comfort” among investors in the region with existing structures and range of fund products,…

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