Shanghai's ambition of establishing itself as the leading
financial centre in Asia by 2020 calls for continued
deregulation. Panellists in the AsiaHedge roundtable discuss
the likely effects of the changing regulatory regime on the
evolution of the Chinese hedge fund industry.
Roundtable participants included:
• HENRI ARSLANIAN , Director, Prime Services,
Asia-Pacific, UBS, Hong Kong
• COLIN LUNN , Head of Fund Services,
Asia-Pacific, UBS Global Asset Management, Hong Kong.
• YING WHITE , Partner & Head of
China Practice, Clifford Chance, Beijing
ASIAHEDGE What steps is the Chinese
government taking, and what further steps does it need to take
to encourage the evolution of Shanghai into an international
hedge fund centre in Asia?
ARSLANIAN, UBS: In addition to continuing to open up and
develop the Chinese securities market, the Chinese government
needs to ensure that the regulatory regime not only regulates
the onshore funds industry but also gives comfort to offshore
fund managers that want...