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91% of wealth managers in Asia confident about fund flow rebound in next 12 months

Despite dented investor sentiment and increasing cash allocations, wealth managers are confident in a fund flow rebound in the coming 12 months, with 91% expecting positive change in inflows, according to a recent Asian Private Banker survey. Of the 91% of respondents, 61% and 30% expect inflows to grow 0-20% and 20-40%, respectively, in the coming 12 months. Meanwhile, 6%…

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