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UK-based wealth manager makes plans to target Hong Kong tycoons

Cazenove Capital, a UK-based independent wealth and investment management firm with assets of £15.6 billion (US$24.4 billion), is planning to open its first Asia-based office in Hong Kong in the hopes of getting a slice of the growing private banking market in the region. Confirming these plans, a spokesperson at Cazenove Capital’s London office said that they are seeking regulatory…

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