Investor savvy may mean boutique fund firms struggle

Asian investors are becoming savvier in their approach to portfolio allocation, which could eventually pose a challenge for boutique asset managers, suggest market participants. “Asian investors have come a long way. Some have come up the learning curve quite a bit,” says Peter Ryan-Kane, Asia-Pacific head of portfolio advisory at Towers Watson based in Hong Kong. In the early 2000s, many investors in the region didn’t properly evaluate their asset and liability management (ALM)…