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Asia-Pacific fund assets up 18% to $1.5 trillion

Japan, China and Australia are the region's top three markets in terms of fund size, according to Lipper.

Assets under management (AUM) of mutual funds in the Asia-Pacific region reached $1.5 trillion in the second quarter of 2009, up 18% from $1.27 trillion in the first quarter, according to data from Lipper.

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