Over the past couple of years, the Asian asset management industry has seen the launch of multiple new fund structures. The Limited Partnership Fund in Hong Kong and the Variable Capital Company in Singapore are two important examples. Instead of being domiciled in far-off places like the Cayman Islands, these vehicles are set up in the same place as where they are managed.
Fueled by the scrutiny of offshore jurisdictions by governmental organisations such as the OECD, Asian fund managers and investors have started to look for alternative options closer to home. By domiciling the fund in Hong Kong or Singapore, they can benefit from the integration of operations within a single jurisdiction as well as lower costs. Although the new vehicles have attracted quite a lot of attention, many questions remain.
During this webinar, speakers Clayton Heijman of Privium Fund Management (HK), Anulekha Samant of KPMG (SG) and James Donnan of Intertrust Group Hong Kong will discuss some of the recent new fund structures in Asia from different angles. What is driving the initiative to bring funds onshore? How do the structures differ from one another and how do they compare to those in more established jurisdictions? As a fund manager, which vehicle will best suit my strategy and investors? And what are the key tax issues for investors to look out for? The speakers will present the audience with the latest insights from a fund management, legal and tax perspective.