Today we unveil the fund houses ranked 51st to 75th by Asia-Pacific AUM in our annual survey. Nine of them were US firms, with Janus Capital posting particularly strong growth.
Morgan Stanley Investment Management has been building its Greater China distribution network and is eyeing expansion in Southeast Asia. It is also starting to export Asia strategies to the West.
Morgan Stanley IM's head of international investment management, Navtej Nandra, sees big opportunities within the region's rising asset base and tips an industry shake-out.
Developing economies failed to recognise their boom years were fuelled by easy money from the West, which has now dried up. But Ruchir Sharma of MSIM identifies the breakout nations.
With Sandra Lee having left the firm, the institutional sales effort is “in transition”, says MSIM.
Legg Mason's Esemplia, Morgan Stanley Investment Management and Vontobel will each run a $250 million global emerging-market portfolio, the state entity’s first GEM mandates.