BIS central bankers’ speeches  1  discuss later), growth for the region as a whole is declining. As shown in table 2, taken from the most recent International Monetary Fund (IMF) regional outlook for Asia, growth in emerging Asia is set to decline in 2015 and 2016, with China’s growth deceleratin.
Unlike, the previous baseline study which concentrated exclusively on collective investment schemes, this study is aimed at a wider array of collective investment institutions including mutual funds, trustee divisions of subsidiaries of financial institutions and long-term contractual institutions such as insurance  BIS Review 41/2010  1  companies, pension funds and the NIB, which are also active participants in the securities markets.