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Asian cross-border funds closer to reality

The ARFP, conceived under the APEC Finance Ministers' meeting in September 2013, will offer fund managers a more direct and efficient way of distributing their funds in the region, deepen regional financial markets and support greater liquidity and access to finance.


ASIAN fund managers are another step nearer to being able to offer funds across the region.

A working group from Singapore, Australia, South Korea, New Zealand, the Philippines and Thailand on Friday released a joint consultation paper on the proposed rules that will