Cerulli flags changing distribution dynamics

Research firm Cerulli Associates has highlighted the growing diversification of fund distribution channels in Asia, urging managers to step up interaction with distributors to get a jump on rivals. Ng Sze Yoon, Cerulli’s head of Asia research, noted that government regulators in the region had encouraged diversification of sales channels away from domestic banks. She cited the example of Korea, where authorities launched an online funds supermarket earlier this year, as reported…