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“Only larger banks” can provide comprehensive DPM solutions for Asia’s ultra-rich

Credit Suisse Private Banking’s Tan Wei Mei believes that when it comes to discretionary portfolio management (DPM) solutions for the ultra-wealthy, size matters and big banks are best positioned to corner this part of the market. “I expect that as investors become increasingly sophisticated, only the larger banks with the platform and resources can cater to the needs of UHNW…

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