Mutual fund assets in Southeast Asia to rise 56% by 2013
Cerulli Associates expects Thailand to continue to hold the biggest share of mutual fund assets in Southeast Asia.
Mutual fund assets in Southeast Asian markets tracked by Boston-based financial services firm Cerulli & Associates are expected to rise to $129 billion in 2013 from $82.5 billion at end-2008 -- an increase of 56%. Cerulli tracks Singapore, Malaysia, Thailand, Indonesia, Philippines and Vietnam in Southeast Asia.
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