MAS guidelines on retail hedge funds 'useless'

New MAS guidelines allowing hedge funds to be sold to the public may prove to be of little use in the domestic market, according to one consultant.

Newly-issued guidelines by the Monetary Authority of Singapore MAS governing offerings of hedge funds to the public will have little or no effect on broadening investment choices for the retail market says a consultant in the asset management industry.

Hedge fund managers have no interest in the retail market, says Peter Douglas, principal at asset management consultancy GFIA, based in Singapore. Hedge funds are typically small business which do not have the infrastructure suitable to support retail investors, he observes. Furthermore, retail customers typically offer smaller fees for the smaller transactions. Therefore, the impact of new guidelines included as an appendix in the Handbook on Unit Trusts, will be minimal to...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222