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EAMs “rely too much on banks” and need to invest in tech: Singapore’s AIAM president

The president of the Association of Independent Asset Managers (AIAM) in Singapore, Steve Knabl, believes the external asset manager (EAM) industry is spending too little on technology and that firms need to better align themselves with their custodian banks. “Many EAMs are not investing in technology as they should, and rely too much on the banks to furnish them with reporting,” Knabl…

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