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Deutsche Bank WM’s DPM grows 60% in assets, with more cross selling

Deutsche Bank Wealth Management’s discretionary portfolios in Asia grew by 60% in AUM in 2019, as the bank’s cross selling gained momentum at the group level. Tan Wei Mei, global co-head of advisory and investment solutions at the bank, told Asian Private Banker that out of the 60% growth, around 10pps came from portfolio performance, as fixed income mandates still…

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