Chinese asset managers plan Ucits fund launches

Chinese fund managers are increasingly looking at using Ucits fund structures as a means of distributing their products in Europe, according to Luxembourg law firm Arendt & Medernach. “There is a huge amount of interest [in China]," says Stéphane Karolczuk, head of the firm’s Hong Kong office. “It’s an interesting trend.” Arendt & Medernach, which practices Luxembourg law and advises Asian asset managers on the establishment of Ucits funds, sent legal staff to the mainla…