Senior distributors recognise the need to drive fund penetration in Asia. The big question is how they can work together more efficiently to make the industry more appealing.
Tag : fund selection
Private banks in Asia are even more inclined to pick easy-to-onboard and well-known products these days, and that may not be a good thing, say market players.
Wealth managers outline their priorities for selecting third-party products, with fund performance just one part of a rigorous process.