Greenwich survey too pessimistic, says Z-Ben Advisors

Peter Alexander, principal at Z-Ben Advisors, says a recent Greenwich Associates report about the disappointing degree of outsourcing investments to third-party fund managers among Asian institutional investors, downplays the opportunity for business in China. "Our outlook for growth prospects from Chinese institutions, including those beyond CIC, Safe and SSF, is significant," he says. Already, insurance companies, corporations and investment trusts account for over $1.2 trillion of …