Financial professionals would reduce their use of research obtained through commission sharing arrangements (CSAs) if they had to pay cash for it, according to an industry survey.
At the end of February, Singapore, Australia, South Korea, New Zealand, Philippines and Thailand released a joint consultation on the proposed arrangements that will govern the Asia region funds passport.
The volume of assets in investment funds covered by the Swiss Fund Data and Morningstar totalled around Sfr820bn at the end of January, a decrease of just under Sfr47bn month-on-month.
European Union rules for alternative investment fund managers have proved less onerous than once feared, according to research by legal firm Sidley Austin.