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Outsourcing of funds due diligence on the horizon?

With Asia’s private banks actively promoting fund sales to better manage portfolio risk and generate recurring income, proprietary due diligence remains an important client proposition to keep in-house. However, one regional fund selector is of the belief that, while there remains little-or-no difference between banks’ approach to due diligence given that it is a largely standardised exercise, the process is likely to…

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