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EAMs in Asia: Clipped Wings?

Whilst the external asset managers (EAMs) industry in Asia is no doubt in an embryonic stage, private banks and asset managers alike have been optimistic about its growth, with some estimates valuing the industry at US$100 billion by 2017. This would imply a fivefold increase from its size at the end of 2013 and a staggering expansion from US$4 billion…

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