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Morgan Stanley PWM Asia boasts “almost 100%” positive returns for clients’ DPM accounts

Morgan Stanley’s wealth arm in Asia continues to make headway in its efforts to grow fee-based income, says the bank’s regional investment management services head, who adds that the firm’s discretionary portfolio management (DPM) business has generated positive returns for almost every client account since launching. “In light of the dynamic fast flow of smart money in the globalisation investment…

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