Domestic fund managers outdo foreign firms in India

Mar 16, 2010

Asset managers without proprietary distribution arms face major challenges in India's onshore funds market, says Cerulli Associates.

A foreign brand counts for little in the Indian asset-management industry, where global names are often unheard of -- and last year's ban on front-end fees for mutual funds won't make things any easier for overseas firms, says US research house Cerulli Associates

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