Investors want more access to less common sources of information, such as private company and real-time data, but they face hurdles in doing so, finds Greenwich Associates.
Greenwich Associates has singled out four fund houses for the high level of their institutional investment service quality, as asset owners increasingly seek specialist advice.
European and US investors see themselves as viable sources of corporate bond liquidity, and proposals are emerging whereby dealers could access buy-side holdings, says Greenwich Associates.
Fund firms are boosting distribution teams with an eye on institutional investors expanding allocations to more specialist international asset classes, according to two reports.
The institutional research firm lost its regional head recently, but is adding staff overall. It has almost trebled headcount across Hong Kong and Singapore since 2010.
In Greenwich Associates' annual equities survey of buy-side institutions, Japanese brokers grew market share in research at home, while elsewhere in Asia international firms remain top dogs.
Asian fund houses might need to pay fewer brokers for more sales trading amid smaller commission payments if trading volumes do not rebound.
Greenwich Associates highlights an increase in Asia in the use of external managers and outlines institutional investor expectations on asset allocation and manager hiring.
The region offers a much smaller potential client base that is harder to service than those in Western markets, according to a Greenwich Associates report.
Most Asian institutions plan to boost their internal management capabilities, and a greater number are using internal teams to generate alpha than in the West, says Greenwich Associates.
Greenwich Associates will release a survey of Asian institutional investors that finds passive mandates are on the rise -- and finds a new hunger for outside strategic advice.
A survey by Greenwich Associates suggests many fund houses are cutting costs in Asia based on global, not regional woes, and risk losing out when conditions improve.