Though pegged as an industry still in its infancy in Asia, the external asset manager (EAM) segment is touted to double its current value to reach US$100 billion by 2017, according to Reto Marx, regional head, financial intermediaries, Asia Pacific, UBS. “If you anticipate market growth of 10% per annum, the sector [EAM] could reach US$100 billion by 2017 on…
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