FUNDOS

 out25 MBtv Debates – More guidelines, incentives in pipeline for Macau’s fund industry: AMCM By   Tony Lai Macau’s financial regulator is preparing a series of new guidelines and tax incentives to support the city’s Investment Funds Law, which comes into effect on 1 January 2026, aiming to build a competitive ecosystem for the local fund industry. The remarks were made by Amy Ho, Banking Supervision Department senior officer at the Monetary Authority of Macau (AMCM), during a panel discussion on Wednesday evening jointly held by  Macau Business magazine  and the Rui Cunha Foundation. The MBtv Debates session, titled  “Macau’s New Investment Funds Law: Prospects, Opportunities, and Challenges,”  also brought together legal and industry operators  to evaluate the city’s next steps. In addition to AMCM’s Amy Ho, the panel included Bernardo Alves, chairman and chief investment officer at A&P Investment Fund Management Company Limited; Calvin Tinlop Ch...

 2024_  the launch of the city’s first pataca-denominated, locally domiciled mutual fund by A&P Investment Fund Management Company Limited last year.  One of only two licensed investment fund management companies in the city at the moment, A&P Investment Fund Management made history in July 2024 by launching Macau’s first pataca-denominated fund — the A&P Macau Patacas Money Market Fund 2026:  The long-anticipated Investment Funds Law, set to take effect on 1 January 2026,  Approved by the Legislative Assembly earlier this summer, the new legislation will replace the outdated Decree-Law No. 83/99/M, first enacted in 1999.   Out 25:  To date, only two investment fund management companies — A&P Investment Fund Management and WI Harper (Macau) Investment Fund Management Limited — have received regulatory approval to operate in Macau, with the latter yet to commence business. 2025:  One sign of this growing interest is the recent appro...

  Macau’s early-stage investment fund industry is gaining momentum, driven by upcoming legislation, untapped capital pools, and potential regional co-operation with Hengqin — despite lingering structural challenges By Tony Lai While hundreds – if not thousands – of fund products are currently available in the Macau market, the vast majority originate from fund houses based in Hong Kong or further afield. This landscape only began to shift with the launch of the city’s first pataca-denominated, locally domiciled mutual fund by A&P Investment Fund Management Company Limited last year. But the changes do not end there. The long-anticipated Investment Funds Law, set to take effect on 1 January 2026, is expected to inject fresh momentum into the development of Macau’s financial sector — particularly its nascent investment fund industry. This progress comes despite persistent structural challenges, such as limited financial literacy and legal-system discrepancies with other jurisdict...