The $168 billion asset manager has cut its six-strong team in Singapore for commercial reasons, but denies it is exiting the city-state and re-affirms its commitment to the region.
Tag : asia ex-japan
Citi chief Asian strategist Markus Rosgen says the MSCI Barra Asia ex-Japan index could fall back to levels last seen in 2003.
China is the fastest growing market in the region and elsewhere in the world, and its assets size has more than doubled in the first six months of 2007.