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Bank of Singapore’s NRI clients warming to DPM

Bank of Singapore’s non-resident Indian (NRI) clients are increasingly turning to discretionary portfolio management (DPM) solutions, in turn, contributing to the “directional growth” of the private bank’s DPM business, Vikram Malhotra, global market head, South and Southeast Asia, has told Asian Private Banker. NRI client assets parked in discretionary mandates at the private bank jumped around 40% between 3Q16 and 3Q17,…

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