Anthony Serhan, managing director of research strategy, Asia Pacific, has joined the Ignites Asia Exchange: Identifying opportunities with the ARFP as one of the speaker on 29th July.
During the webcast, he talked about—
1) Size of Global Fund Industry and asset flow trends;
Net Flows and Assets by Geographic Region of Domicile, USD billion
- Cross-border funds are the second largest by size after the US. Globally, we see funds licensed for cross-border sales growing at a faster rate
2) The lack of penetration for funds in Asia compared to the rest of the world;
- Asia’s low level of fund penetration today is not representative of the region’s fast growing middle class and the increasing need for retirement savings.
3) Some observations on how UCIT fee levels have not necessarily delivered the efficiencies you would hope for from cross-border schemes;
4) Different ways fund investors are taxed in various markets as an illustration of some of the complications.