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PBs’ demand for thematics is “second to none”: BNY Mellon IM

Predominantly driven by private banks, there exists a “clear trend” of fund flows shifting from the bond space to global thematic equities, BNY Mellon Investment Management told Asian Private Banker. In early 2018, BNY Mellon IM launched a mobility innovation strategy for its private clients in Japan which raised US$1 billion on day one and has since grown to almost…

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