Mutual fund markets in the Asia Pacific region have passed the $500 billion mark for the first time, The Financial Times reports. The size of the Asian mutual fund market is expected to increase to $961 billion by the end of 2006, which would account for 6% of all global fund assets.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

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