The deadly SARS outbreak is having a serious effect on the fund industry in Asia. According to a report by Reuters, the business, typically dependant on face-to-face contact in the region, has slowed significantly.

One such example is JF Funds Ltd., one of Asia’s top fund companies with $31 billion in assets and a division of JPMorgan Flemming Asset Management. Company officials report a 20% drop in customer traffic at the center and have cancelled most of its investor workshops as the SARS virus keeps people at home.

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