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“Lots of handholding”: US$2.8tn manager boosts private bank support amid market storms

Toby Chan, Capital Group

US asset manager Capital Group is taking the long view. As market volatility keeps investors on edge, the US asset manager is doubling down on portfolio driven guidance to help private bankers stay grounded and client focused. At the same time, it’s navigating a fast shifting wealth landscape, where the lines between high-net-worth investors and institutional clients are fading, especially as…

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