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Good investment advice is lacking in Asia, says Cerulli

And tighter rules on investment-product sales following the crisis are not helping matters, according to a report from the US funds-research house.

Investment advice in Asia still lags well behind that in regions such as Europe and the US, and improving it would help boost confidence in mutual-fund products. Such is the conclusion of the second-quarter edition of The Cerulli Edge: Asia-Pacific report.

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