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VP Bank sees “results” from hiring strategy as NNM flows turn positive

VP Bank says its strategy to hire more client advisors is bearing fruit, with the Liechtensteinian private bank achieving positive net new money (NNM) flows in the first half of 2017. Following outflows of CHF 200 million a year before, the bank recorded CHF 1.1 billion in NNM inflows globally in the first half. Global assets under management rose 4.6%…

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