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PIMCO’s Asian affair lures private banks beyond flagship fund

Marcio Bogoricin, PIMCO

When PIMCO launched its wealth management division in Asia, the bond giant was mainly known for its global fixed income offerings. However, over the last few years, the company’s perception in the region has evolved through new product enhancements in two key areas, leading to a rise in family office and private banking clients. The wealth management unit has also…

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