More asset managers are focusing their product development to the emerging markets, according to Cerulli Associates
In the latest issue of The Cerulli Edge-U.S. Monthly Product Trends
, which analyzes mutual fund and ETF product trends, the industry is starting to see emerging market balanced funds come to market, with most client interest coming from wirehouses.
According to a Cerulli survey, 38% of international and global product development will be allocated to emerging market equity and bond strategies during the next 12 months.
Further, emerging market bond funds ranked fifth for top category flow gatherers in 2012, up from tenth in 2010.
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