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At the Gates with Franklin Templeton: Build scale, go pure or don’t bother

Fund distribution to private banks in Asia have been hitting new milestones and record highs so frequently in recent times that it is hard not to be overbullish. Franklin Templeton warns against being overambitious. “In recent years, we have seen a trend of product gatekeeping resources shift to Asia to build their fund selection teams, unlike the past when everything was…

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