Pacific Hawk, a Hong Kong-based multi-family office, has launched the first open-ended fund company (OFC) in the city, a year after the Securities and Futures Commission (SFC) implemented the corresponding legislation. The first-to-the-market open-ended fund is private and only available to professional investors but will “prepare the ground” for other interested market participants as it demonstrates an “efficient regulatory approval…
Pacific Hawk launches first OFC in Hong Kong
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