POWERED BY MOMENTUM MEDIA
Fragmented Asia Pacific makes growth challenging
Fragmented and highly regulated markets in the Asia Pacific region are making it increasingly difficult for growth-hungry fund managers to expand their reach, a survey has found.
More than a third (42 per cent) of surveyed fund managers said they were looking to expand into new markets, while 28 per cent listed such moves as their top priority, often due to low returns and confined opportunities in their current market, a State Street/Longitude Research report revealed.
However, more than half (51 per cent) of the 200 surveyed fund managers claimed the fragmented nature of Asian Pacific markets was curtailing their growth plans.
Regulation was cited as a key challenge, with 52 per cent of fund managers worried their companies would have to make significant changes to meet multi-region compliance requirements.
To allow for expansion, companies would need to develop a more detailed knowledge of markets of interest, like Malaysia and Thailand, and outsource where possible, the report suggested.
Recommended for you
New research has shown that investing in alternative assets and using active management has, to this point, delivered strong results for Australian super funds.
Australia’s $4 trillion superannuation industry is fundamentally reshaping the nation’s external accounts, setting the stage for a more sustainable current account surplus despite weaker commodity markets.
Rest has expanded its portfolio of renewable energy infrastructure by supporting a Victorian solar farm and battery project.
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
36.96 3 y p.a(%)
3
GAM LSA Private Shares AU I
34.22 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
VanEck Video Gaming and eSports ETF (AU)
28.89 3 y p.a(%)
