Greenwich Associates highlights an increase in Asia in the use of external managers and outlines institutional investor expectations on asset allocation and manager hiring.
The region offers a much smaller potential client base that is harder to service than those in Western markets, according to a Greenwich Associates report.
Most Asian institutions plan to boost their internal management capabilities, and a greater number are using internal teams to generate alpha than in the West, says Greenwich Associates.
Greenwich Associates will release a survey of Asian institutional investors that finds passive mandates are on the rise -- and finds a new hunger for outside strategic advice.
A survey by Greenwich Associates suggests many fund houses are cutting costs in Asia based on global, not regional woes, and risk losing out when conditions improve.