In September 2020, the Securities and Futures Commission (SFC) announced changes to the open-ended fund companies (OFC) regime. This provides interested parties with a new option in terms of company structure and could potentially contribute to the provision of a broader range of investment prod...
an open-ended investment fund in Hong Kong can only take the form of a unit trust. This is mainly due to the restrictions on capital reductions in the Companies Ordinance (Cap. 622) (CO), which do not allow for a Hong Kong company to vary its share capital to ...
We do not want to haveanopen-ended fundbecause that has created some of the problems we have experienced with the implementation of the Peacebuilding Fund. daccess-ods.un.org daccess-ods.un.org 我们不想有一个开放式的基金,因为这造成了我们在管理建设和 平基金时经历到的一些问题。
This note sets out the key differences between the Hong Kong private open-ended fund company (the “OFC”) and the Hong Kong limited partnership fund (the “LPF”). The choice of using an OFC or a LPF may not solely be determined by legal or reg...
statements that the company is an open-ended fund company with variable share capital, that the amount of its paid-up capital is at all times equal to its net asset value, that shareholders are not liable to the debts of the company, and that the company’s scheme pro...
Hong Kong welcomed its new open-ended fund company (OFC) corporate structure on 30 July 2018, following 4 years of market consultation and legislation. The introduction of the OFC brings further flexibility to fund managers seeking to establ...
Open-ended investment companies The UK Government has recognised for some time that the UK fund management industry would welcome the availability of a new form of investment vehicle, namely an open‐ended investment company. HM Treasury has recently issued draft regul... P Diggle - 《Journal of...
Company Details JP Markets was founded in 2016. Its owner and CEO, Justin Paulsen, aims to become Africa’s leading forex broker, and has made strides towards doing so. The company now has offices in South Africa’s Johannesburg, Polokwane, Bloemfontein, Cape Town, and Pretoria, in addition...
Tax treatment of fund distributions. According to Caishui [2008] No. 1, distributions from security investment funds are exempt from CIT. However, it is not clear if this applies to non-resident taxpayers such as QFII/RQFII, and the practices adopted by local...
It informs that risks to inflation will remain to the upside and investment strategy of maintaining an exposure to index linked bonds on fixed interest portfolios will continue to be profitable. It further informs that...