Boutique fund firms face model dilemma

Costs are rapidly increasing for asset managers, with regulatory pressures a major contributor. And while there are opportunities for specialist boutique firms, particularly in Asia, such players now face new challenges and may have to review how they operate, say market participants. The rise in regulatory oversight post-financial crisis is rippling through the industry, with boutiques having to face up not only to regulators but also other external bodies, says Elspeth Todd, Asi…