02-10-2013, 10:20 AM
I reckon it is a good news for local fund managers. On the other hand, it also means M'sia and Thailand fund managers are accessible by local investor, thus more competition.
Cross-border direct fund sales in S’pore, Malaysia and Thailand
SINGAPORE — Singapore-based fund managers will soon be able to offer their retail funds directly to investors in Malaysia and Thailand under a streamlined process, following an agreement by the three countries to facilitate the cross-border offering of collective investment schemes to retail investors.
The Monetary Authority of Singapore (MAS), the Securities Commission of Malaysia and the Securities and Exchange Commission of Thailand said yesterday the framework would be implemented in the first half of next year.
...
http://www.todayonline.com/business/cros...d-thailand
Cross-border direct fund sales in S’pore, Malaysia and Thailand
SINGAPORE — Singapore-based fund managers will soon be able to offer their retail funds directly to investors in Malaysia and Thailand under a streamlined process, following an agreement by the three countries to facilitate the cross-border offering of collective investment schemes to retail investors.
The Monetary Authority of Singapore (MAS), the Securities Commission of Malaysia and the Securities and Exchange Commission of Thailand said yesterday the framework would be implemented in the first half of next year.
...
http://www.todayonline.com/business/cros...d-thailand
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡