The second APAC openfunds workshop took place in late February in Hong Kong and was a resounding success! The over 30-strong group of financial specialists who attended consisted of representatives from leading banks as well as investment decision-makers.
The APAC openfunds working group based in Hong Kong is developing specific elements for the standard which are relevant for the Asia-Pacific region. Current developments of the openfunds-Initiative and practical experiences with the standard were also discussed. As in 2018, the focus was on using openfunds to reduce the operating burdens in the Asia-Pacific fund markets.