Most managers believe bond funds, as well as deposit-like investment products such as money-market funds (MMFs) and capital-protected funds, will be back in favour this year, according to a report published today by Cerulli Associates. Last year was a challenging year for many fund houses in Southeast Asia as the industry saw higher inflows to lower-margin, lower-risk assets such as fixed-income and MMFs. Bond funds, in particular, saw strong inflows in Malaysia and Vietnam, while deposit-like MMFs led inflows in Indonesia and the Philippines. The trend, if it continues this year, co...
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