CEOs see huge institutional opportunities for managers

Institutional clients’ demands are rising but they are offering asset managers ever-greater chunks of business, according to senior executives at an AsianInvestor forum yesterday. The internationalisation of the renminbi was also highlighted as being of particular benefit to asset managers, who will have global selling opportunities when the currency is fully liberalised. Concern was expressed, however, about a potentially unbalanced trading relationship between Hong Kong and ma…