An ASEAN funds passport?
In a previous article, we touched upon the tangible efforts undertaken by members of the Association of Southeast Asian Nations (ASEAN) to create a single integrated marketplace for listed securities. This briefing examines recent developments in Southeast Asia that may bring us closer to an ASEAN-centric approach to the distribution of funds in Asia. More recently, two ASEAN jurisdictions have taken tentative steps towards mutual recognition of ASEAN funds.
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