Cost cutting: every dollar counts

One would be hard-pressed to find a fund management company that isnÆt more cost conscious now than they were at the start of the year. Luckily for those operating in Asia, having relatively lean staff numbers and operational costs to begin with has helped ease the pain of dealing with the realities of the global financial crisis.The bread and butter of fund management companies are the fees they generate from assets they manage. However, the Asian fund industryÆs bumper four years ha…