Overview
The open-ended fund companies (OFC) regime has come into effect on 30 July 2018. The new OFC structure enables fund managers to establish investment funds in corporate form in Hong Kong. This new structure can be used by public and private investment funds. Prior to the introduction of this new vehicle, open-ended investment funds domiciled in Hong Kong could only be structured in the form of unit trust due to restrictions under the Companies Ordinance.
This seminar aims to facilitate the participants’ understanding of this new fund product structure and the distribution of investment funds in the form of an OFC.
Content Highlight
- Background of the new regime
- Legal and regulatory components
- Structure and governance model
- Establishment and post-establishment matters
- Benefits of the new fund vehicle
Who Should Attend
This seminar is suitable for practitioners in the financial services industry who would like to gain further understanding of open-ended fund companies regime.