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Asian conglomerates being outrun by pure plays in their markets

Their total shareholder returns are falling as markets become more developed and competitive: Bain study

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Lagging Asian conglomerates must focus on renewal and growth in order to remain relevant and attractive, said analysts at consultancy Bain & Co, after their industry study released on Friday found that such companies recently underperformed pure plays in their markets.

Singapore

LAGGING Asian conglomerates must focus on renewal and growth in order to remain relevant and attractive, said analysts at consultancy Bain & Co, after their industry study released on Friday found that such companies recently underperformed pure plays in their markets....

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