However, assets are concentrated among the larger players, according to Cerulli Associates.
Tag: Philippines
Barings optimistic after Philippine election
Policy priorities imply mid-long term equity market benefits, particularly in the consumer consumption sector, according to Soohai Lim, investment manager of Baring ASEAN Frontiers fund.
ASEAN markets opening for foreign distribution
As China and Hong Kong unlatch the gate for cross-border fund distribution, regulatory changes in markets such as the Philippines and Malaysia are also opening for retail mutual funds, according to Cerulli Associates.