

Asia fund distribution platforms have reported positive net asset growth across equities and fixed income multi-asset funds bringing “welcome relief” to Asia’s insurance companies, retail and private banks, fund platforms, and other retail fund distributors.
Crisil Coalition Greenwich, head of investment management, Asia, Ken Yap, said this is after “three years of asset contraction in equities that preceded earlier declines in fixed income”.
Fund distributors expect these favourable conditions to continue. The major fund distribution platforms taking part in the 2025 Asia Intermediary Distributors Study from Crisil Coalition Greenwich expect to see positive net inflows across the vast majority of fund types and strategies. Distributors are projecting the strongest demand for investment-grade bonds and multi-asset funds. They also expect to see a surge in demand for private assets.
On the flip side, enthusiasm for US equities appears to be waning, at least somewhat. In 2024, about two-thirds of Asian fund distributors expected to see a significant increase in inflows to US equities over the next 12 months. That share dropped to 49% this year, and more than a third of distributors project a significant decrease in flows.