Blockbuster funds dominate Asian asset accumulation

Strategic Insight, the New York-based research firm, says 29 funds from Asia-Pacific have made it this year into its annual 'billionaires fund club', which tracks those mutual funds that reach over $1 billion of flows. Together, 14 bond funds enjoyed inflows of $29.1 billion and 10 equity funds raised $17.4 billion. Including balanced and 'other' funds, the 29 from the region saw a combined haul of $54.2 billion. (These are funds raised in Asia; the investments include both local and…