Global asset managers expect too much of Asia, says Greenwich

Asset managers looking to set up or increase their foothold in Asia should be more aware of the challenges involved, says Connecticut-based consulting firm Greenwich Associates, in a March/April survey of 16 global firms that manage $260 billion of Asian assets. Singapore-based Greenwich consultant Abhi Shroff presented the findings at the AsianInvestor and FinanceAsia Asia-Pacific Debt Forum in Hong Kong on Tuesday. To start with, a far smaller proportion of assets are externally…