Singapore is a big market especially because they have a mandatory fund scheme. But in our experience, Singaporeans do not aggressively seek U.S. dollar-denominated investments. We opened an office in Hong Kong because we found a tremendous amount of Hong Kong people seeking us out in the U.S. which suggested that we would have a good business here. The time is right for a lot of growth in the mutual fund business globally. With the Euro there is a huge opportunity in Europe.
Japan is an unprecedented opportunity for mutual funds.
Japanese people tend to be savers rather than punters and the mutual fund is an ideal product for people with a savings mentality. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines .