DBS prioritises manager selectivity as alts overweight holds

DBS Bank is prioritising manager selectivity across private markets and hedge funds, as the firm maintains up to a 20% allocation to alternatives driven by widening market dispersion and divergent central bank policies. “Within long-only, we continue to see interest in broad multi-asset strategies, as well as technology and artificial intelligence-focused funds,” Andrew Yeo, head of private assets at DBS…

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