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Daniel Enskat By Beverly Chandler, Opalesque London:

A research study from Strategic Insight on Latin America entitled 'State of the Asset Management Industry Latin America finds that while the region is still smaller than other global regions in terms of aggregate assets around $1.4 trillion in mutual fund assets and about $710 billion in pension assets fast growth in Latin America as a region is capturing the imagination of investors, distributors and asset managers alike, with tactical and strategic opportunities prompting resource allocations and investments.

Strategic Insights Daniel Enskat, head of global consulting believes that depending on the global market environment the regions mutual fund industry could reach between $2.8 trillion and $3.6 trillion in assets by 2020, while its pension fund assets could approach $3 trillion a total of over $6 trillion.

Enskat says: ""Fund managers see Latin America as the primary region of focus for cross-border distribution by a margin of three to one compared to Asia, with Strategic Insight data showing more Luxembourg-domiciled funds registered in Chile than in Hong Kong."

Among other things, the report focused on local market opportunities in Latin America. Markets such as Brazil, with over one trillion in mutual fund and pension assets, or Mexico with $250 billion, and a highly profitable asset management business for some firms, has seen international managers establi......................

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