More asset managers are focusing their product development to the emerging markets, according to
Cerulli Associates.
In the latest issue of
The Cerulli Edge-U.S. Monthly Product Trends, which analyzes mutual fund and ETF product trends, the industry is starting to see emerging market balanced funds come to market, with most client interest coming from wirehouses.
According to a Cerulli survey, 38% of international and global product development will be allocated to emerging market equity and bond strategies during the next 12 months.
Further, emerging market bond funds ranked fifth for top category flow gatherers in 2012, up from tenth in 2010.  
Edited by:
Tommy Fernandez
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE