Funds industry tipped to break $1.5 trillion barrier
Cerulli tips a CAGR of 11% up to 2016 for Asia ex-Japan mutual funds. It expects a narrowing of retail banking as a distribution channel and does not see ETFs overtaking mutual funds.
Asia ex-Japan’s mutual funds industry is forecast to see steady AUM growth to break through the $1.5 trillion barrier by 2016, at a compound annual growth rate of 11%.
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