A score of managers is coming to Asia

May 9, 2010

And these firms should consider outsourcing, which carries in-built insurance against pricing errors, says Chris Ryan in his new role at Citi securities and funds services.

Asset managers are flocking to Asia and Citi's new high-profile hire, Chris Ryan, is warning them of the perils of setting up their operations from scratch. The former Fidelity Asia chief says up to 20 new players are either establishing a presence in the region for the first time or returning after the recent downturn, and Citi has hired him to help it win outsourcing business.

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