AUM growth and expansion has become a hot topic for many Chinese fund houses in recent years. However, sustained success has been sporadic and few had been able to articulate the key success factors. There is certainly no simple "fix-all" formula.

On August 21st, CFA Society Shanghai are honored to have David Lau, Honorary Chairman of COPFA(中资海外私募基金协会) and the founder of Cross Harbour Advisory, give a speech on 'Going Overseas: To Go or Not to Go?'.

David Lau observed and witnessed that there are certain common and repeated areas that investors/fund allocators demand GP's to attain to a high standard in order to qualify to be on the shortlist.

These areas are often expressed in investment due diligence and operational due diligence (ODD). The ODD questionnaire covers the full range of the non-investment part of the GP organisation. This is also often the pain point for Chinese GP's as they struggle to understand and improve in the substance behind ODD. UNLESS and until this is done to a high standard, LP's/Fund allocators tend to be unable to onboard such GP's.

LP's/Fund allocators also expect the Chinese GP's to have other "internationalization establishment" BEFORE they can be considered to be meeting the minimum standard. This talk will also touch on these areas of internationalization: overseas legal entities, offshore fund structure, regulatory licence (eg Hong Kong, Singapore, USA, etc), professional staff (globally recognised qualifications), prime brokers/brokers, fund administrator, IT & cybersecurity, compliance & legal, investors relation & client servicing, Operations/Fund accounting, COO function, Fund Board, etc.

*本次讲座将通过微信视频号同步直播，欢迎扫描下方二维码或关注视频号"CFASocietyShanghai"预约直播，线上参会无需在此页面报名。