VX) has said that it has launched its Depositary 'Lite' platform to support managers of offshore funds
and fulfil the requirements of the Alternative Investment Funds Directive (AIFMD).
The result shows that investment tools and services attracting OBU customers mostly include renminbi-denominated products (20 percent), offshore funds
that have not yet been introduced into Taiwan (16 percent), high yield bonds (13 percent), hedge funds (13 percent), offshore structured products like structured notes (9 percent) and private equity funds (9 percent).
Calastone is committed and actively working with all offshore fund
managers active in Taiwan with the objective to swiftly provide 100% offshore funds
connectivity and coverage for Taiwan distributors.
The Financial Supervisory Commission (FSC) has decided to lower the ceiling on the share of offshore funds
held by domestic investors from the current 90% to just 70% in order to put a damper on overheated sales.
In addition, seven of the Legg Mason offshore funds
were awarded first place winners in their specific sectors.
investment trusts, closed-end offshore funds
and closed-end U.
By analyzing the development of the different initiatives since then it is possible to discern the key criteria that will need to be met by OFCs and the offshore funds
domiciled within them.
The regulation will not be retroactive but offshore funds
will not be allowed to sell their beneficiary certificates to local people, if the share owned by local investors have already exceeded the ceiling.
have non-residential investors and are regulated by the provisions of foreign countries where they are registered.
Using these data, Thomson Wealth Management also derives other data points, such as fund performance, risk measures and standard peer group categories used for the comparison of offshore funds
mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds
(Gabelli Securities, Inc.
We have distribution agreements with top eight fund houses in India while we offer 100 plus funds from our offshore funds