Southeast Asia is on track to receive less than half the private capital it lured from fund managers in 2016. Investment across the region’s economies slowed to just $896 million in the first half of 2017, compared with last year’s overall total of $4.2 billion, according to data from the Emerging Market Private Equity Association. Meanwhile, capital inflow to investment funds is increasing globally as pension funds and other institutional investors seek higher returns amid continuing low interest rates worldwide. Preliminary data reveals that the economy of the Association of Southeast Asian Nations (ASEAN) kicked into a higher gear in Q3, growing at the fastest pace since Q1 2013.