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Survey: 38% of PBs say clients favour discretionary mandates geared towards growth, suggesting improved risk appetite

As many as 38% of private banks in Asia say riskier growth mandates have been the most popular discretionary portfolio management (DPM) solution amongst their clients by net inflows over the past 12 months, according to an APB Mandate survey, which suggests stronger risk appetite despite muted transactional activities in the equities market. More than a quarter (27%) of respondents…

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