Distributors criticise Asian managers for communication failure

In contrast to US and European peers, Asian distributors select funds on the basis of past performance and manager reputation more than informed judgment about future performance, Greenwich Associates finds. In part, this emphasis derives from the fact that demand among Asian retail investors is driven by recent performance and fund-family brand strength, the research firm notes. But distributors in this latest Greenwich study – the results of which are due to be disseminated to…