Asian stocks attract $100 billion annually via funds

The good news is very good: Asian equities received $100 billion through mutual fund flows in 2010, according to research from New York-based Strategic Insight. The bad news is that very little of this is being captured by Asian mutual funds. The lion’s share is to funds domiciled in the United States, Europe and other locales. This reflects ongoing difficulties in various Asian markets for the local funds industry. The other piece of bad news is that in 2011, a sell-off in emer…