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First quarter private banking flows in Asia triple YoY, but equity appetite still lags

The positive kickoff to the year has resulted in flows tripling at one private bank in Asia, confirming sentiment that the year-on-year difference in starts has been “night and day”. “At the end of the first quarter last year, we thought our year was already over,” says a regional head of fund selection, who wished to remain unnamed. “Although investor demand…

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