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OFC regime in Asia promotes collaboration with Europe’s fund industry: ALFI

The open-ended fund company regime, launched in Asia six months ago, will facilitate collaboration between fund houses in the region and their European counterparts, according to the Association of the Luxembourg Fund Industry (ALFI). Last year, both the Securities and Futures Commission (SFC) and the Monetary Authority of Singapore (MAS) introduced new investment fund structures — the open-ended fund company…

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