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Euromoney Sibos Insider: Liability rules could push EU asset managers to Asia

21 September 2011

Specific liability rules for depositories may cause asset managers to relocate to Hong Kong or Singapore in the medium-term, says Société Générale market infrastructure expert. Lianna Brinded reports.

Read more: Sibos Asset managers

Crippling regulatory changes in the US and Europe and further uncertainty surrounding proposed legislative constraints on financials may push a number of asset managers, particularly hedge fund managers, to move to Asia in the medium term. In an interview with Euromoney | Sibos Insider, Eric de Nexon, head of strategy and market infrastructures at Société Générale Securities Services (SGSS) stated that there may be a range of companies fleeing to Asia in...