Pedestrians along the Kasturi walk and the Central Market in the heart of Kuala Lumpur on December 7, 2018. Photo: HandoutPedestrians along the Kasturi walk and the Central Market in the heart of Kuala Lumpur on December 7, 2018. Photo: Handout
Pedestrians along the Kasturi walk and the Central Market in the heart of Kuala Lumpur on December 7, 2018. Photo: Handout

Asian asset managers saw slowest growth in seven years in 2018, as US-China trade war sapped appetite for investments

  • Firms in the region only saw 5 per cent increase in assets under management last year as macroeconomic uncertainties weighed on the industry, McKinsey says
  • Mainland China growth should remain strong as foreign firms gain more ground, according to McKinsey

Topic |   Wealth management
Pedestrians along the Kasturi walk and the Central Market in the heart of Kuala Lumpur on December 7, 2018. Photo: HandoutPedestrians along the Kasturi walk and the Central Market in the heart of Kuala Lumpur on December 7, 2018. Photo: Handout
Pedestrians along the Kasturi walk and the Central Market in the heart of Kuala Lumpur on December 7, 2018. Photo: Handout
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