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US$400bn fund manager eyes mass affluent segment, says new APAC head

M&G Investments is eyeing the mass affluent segment and looking to develop more private banking partnerships this year, Amy Cho, the firm’s new APAC head, told APB. In addition, unlike some of its peers which are trimming headcount to streamline costs, the US$400 billion firm is still expanding headcount. Cho picked the role up five months ago and relocated from…

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