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Pacific Hawk launches first OFC in Hong Kong

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…

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