Asian mutual fund assets to hit $500 billion

Cerulli says Asia ex-Japan mutual fund assets will cross the $500 billion mark by 2007.

Although bank sales of mutual funds throughout Asia ex-Japan may look down now because of poor global economic conditions and the onset of Sars, this region represents the world's fastest growth, says Cerulli Associates, a London-based consultancy. The firm predicts the region's mutual fund assets will grow as high as $560 billion by 2007, up from an estimated $343 billion for 2003.

Year-on-year growth for the industry is hitting a low this year, but it's still estimated to...

To continue reading, please login or register for free

Click for more on: asian | mutual | fund | assets | hit | 500 | billion

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...