Manager search activity falls 70% in Asia
By contrast, more searches were completed globally via Mercer in 2012 than the year before, with emerging market assets proving especially popular.
Asian institutional investors completed 70% fewer asset manager searches via consultancy Mercer last year than in 2011, resulting in a drop in total value to $2 billion from $5.9 billion. This represents the lowest annual search activity in the region for over a decade, by both number and value.
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