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Fund houses seek to fight for Asia alts mandates

Traditional asset managers are competing with alternative specialists to gain new mandates as regional institutions add more of the asset classes to their product mix.
Fund houses seek to fight for Asia alts mandates
Traditional equity and fixed income asset managers are coming under increasing pressure to compete with fund specialists in the alternatives asset arena, as Asian asset owners seek to outsource approximately one third of their mandates into international real estate, private equity and hedge funds. The interest of Asian asset owners in offshore and alternative investments was underlined by September research conducted by Macquarie Investment Management. The firm estimated that 30%…
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