The article reports on the assertion of Strategic Insight Mutual Fund Research & Consulting LLC that the credit crunch has revealed the need for fund management companies to have a distribution into Asia.

According to Daniel Enskat, senior managing director, funds under management in Asia, Middle East and Latin America, will grow more quickly than those in the U.S. and Europe over the next five years of 2008. The firm noted that mutual funds in Asia have net inflows of $60 billion in 2008, compared to outflows from the rest of the world.

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