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Jupiter AM warns of concentration of risk in multi-asset funds across PBs

Jupiter Asset Management has warned against significant concentration of risk as multi-asset strategies gain traction amongst the region’s private banking investors. Talib Sheikh, head of strategy, multi-asset at Jupiter Asset Management, told Asian Private Banker that multi-asset funds have grown by more than tenfold over the past decade, from US$9 billion in 2009 to US$105 billion as at end-2018, according…

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