2018 'looking good for Asia'
Tuesday, January 16th 2018, 2:45PM
2018 is tipped to be a year of good fortune for Asia's fund management industry.
Cerulli Associates, a research and consulting firm said, by end of December 2017, the MSCI All Country Asia Pacific Index hit 28.7% in returns, outperforming the MSCI All Country World Index's 21.6%.
In Asia ex-Japan, Hong Kong topped the region with 36.0% in returns as of December, followed by India (27.9%) and China (21.8%).
It said robust growth should boost growth-sensitive assets this year.
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