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Asian HNWI appetite for multi asset funds growing: Standard Life Investments

Asian HNW investors’ rampant appetite for multi assets funds is being stimulated by diminished returns from bond holdings, says Virginia Devereux Wong, head of Asia wholesale business at Standard Life Investments. According to Devereux, private banking clients across Asia are turning to multi asset strategies as “volatility buffer[s]” and “income diversifier[s]”, given the weak global macro environment. “We have seen global investors…

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