Morgan Stanley IM completes Asia revamp

Following a review of its Asian business, Morgan Stanley Investment Management has reorganised its regional team and is expanding its product range with a view to trebling its regional assets under management. With AUM standing at $34 billion as of late 2010, MSIM hopes to be managing at least $100 billion of Asia-Pacific investors’ money in the next three to five years. That compares to the firm’s plans – announced in early 2010 – to double its global AUM, which was $296 billion …