February 26, 2018 / 7:39 AM / 6 months ago

BRIEF-ASEAN Capital Markets Forum Says Retail Investors In Malaysia, Singapore And Thailand To Have Wider Access To Fund Managers Across 3 Countries‍​

Feb 26 (Reuters) - ASEAN CAPITAL MARKETS FORUM:

* RETAIL INVESTORS IN MALAYSIA, SINGAPORE AND THAILAND TO HAVE WIDER ACCESS TO FUND MANAGERS ACROSS THE 3 COUNTRIES‍​

* AGREEMENT TO LOWER QUALIFYING CRITERIA TO US$350 MILLION ASSETS UNDER MANAGEMENT FROM US$500 MILLION

* AGREEMENT TO SHORTEN TIME-TO-MARKET FOR THE LAUNCH OF FUNDS

* COMPLETE APPLICATION FROM FUND MANAGERS FOR AUTHORISATION OF A FUND TO BE REVIEWED WITHIN 21 CALENDAR DAYS

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