Is rise of direct distribution what Asia can expect?

Banks in Asia have been losing market share in the distribution of mutual funds, even as direct distribution in the UK has been rapidly gaining traction. Is this what Asia should expect in future? Below you will see a comparative look at charts outlining the distribution landscape in Asia and the UK. Banks held a dominant 63.3% share of mutual fund distribution in Asia back in 2012. By 2013 that figure had fallen marginally to 59.9%. But as at the end of last year, the market…