Managers yet to adapt to harsher climate

With fund flows much lower than they used to be managers need to better accommodate the Asian investor’s mentality

After the impressive inflows from 2005 to 2007, the Asian mutual fund industry is at a crossroads, according to speakers at Fund Forum Asia in Hong Kong. The tightening of regulatory regimes, as a consequence of the financial crisis and Lehman mini bond scandal, has made fund distribution in Asia much tougher and fund flows are currently only a trickle of what they used to be.