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Real asset funds gaining momentum as HNWIs search for new income sources: Legg Mason

In the current low yield and suppressed equity payout environment where income becomes a scarce asset, real asset funds are gaining pace among the region’s HNW investors as they are looking for new sources of income. Freeman Tsang, director, head of Greater China and Korea, wholesales, Legg Mason told Asian Private Banker that real assets, such as utilities, offer private…

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