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Asia takes pole position in fund sales growth

Global fund sales momentum has shifted to the Asia Pacific, with the region accounting for 40% of total net regulated open-end fund sales in 2015, up markedly from 17% a year earlier, according to research from Investment Company Institute (ICI). In all, US$776.6 billion in sales were racked up in the region last year, outgunning Europe – which accounted for…

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