A Clear Sign This Market Is Set to Triple
March 11, 2009 at 13:17 PM EDT
In 2003, Morgan Stanley closed its Asian Equity Fund. When Asia was a popular investment in the mid-1990s, this fund managed over $350 million. But by 2003, the Asian stock markets had fallen in half. The public didn’t care about Asia. Morgan Stanley’s fund had shrunk to less than $10 million…