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India changes offshore investment rules for alternative funds

The decision by India's market regulator to raise the amounts that local alternative funds can invest in offshore funds has been welcomed by participants.

More rule changes to come warns SEC head

The US Securities and Exchange Commission (SEC) will continue to develop its regulatory framework to protect investors, SEC chair Mary Jo White said.

Commission sharing arrangements set to be curbed by cash payment proposal

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.

Asian fund passport moves a step closer

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.

Swiss fund market assets drop as industry contemplates introduction of CISA

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.