With fund flows much lower than they used to be managers need to better accommodate the Asian investor’s mentality
After the impressive inflows from 2005 to 2007, the Asian mutual fund industry is at a crossroads, according to speakers at Fund Forum Asia in Hong Kong. The tightening of regulatory regimes, as a consequence of the financial crisis and Lehman mini bond scandal, has made fund distribution in Asia much tougher and fund flows are currently only a trickle of what they used to be.
Chris Godding (left), EMEA CIO at Morgan Stanley Private Wealth Management and Paul Marson, CIO at Lombard Odier Private Bank, debate whether to favour allocations to developed or emerging markets
Shiv Gupta, Royal Bank of Scotland: "The market is growing and there is an urgent need for experienced relationship managers who can provide quality advice"
India’s wealth management industry remains highly fragmented and in need of a regulatory overhaul, with a variety of financial insitutions competing in an expanding sector
Private banks and wealth managers are looking to broaden their Chinese product offerings in expectation of an easing of the currently restrictive regulations
Luxembourg is growing as an Islamic investment centre and is looking to promote Ucits products in Asia
Luxembourg enjoyed a successful decade in the 1990s, as Europe’s premier location for domiciling and operating cross-border mutual funds under the Ucits regulatory umbrella, now boasting 76 per cent of funds which can be distributed in at least three countries. The latest niche being carved out by the state’s product strategists is that of an Islamic funds centre.
Four Tokyo-based financiers give their views on what the earthquake and tsunami that hit Japan will mean for the economic outlook
Chris Godding (left), EMEA CIO at Morgan Stanley Private Wealth Management and Paul Marson, CIO at Lombard Odier Private Bank, debate whether to favour allocations to developed or emerging markets
