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Asian private bank fund penetration rates could exceed 20%

Heightened market volatility and uncertainty has helped drive inflows from Asian HNWIs into managed investments – an uphill battle in the region – and 33% of private banks expect fund penetration to reach 10-15% by year-end, based on a recent Asian Private Banker (APB) survey, with over 10% indicating this could even exceed 20%. Even with market tailwinds, gatekeepers have…

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