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Societe Generale Private Banking’s mutual fund assets grow by 20%

Societe Generale Private Banking’s (SGPB) total assets under management at the end of 2010 were US$ 122.1 billion, up by 2.1% from the previous year. The bank’s mutual fund assets grew by 20% in the same period. James Ellis, global head of fund solutions at SGPB, attributes this growth in demand for mutual funds to repercussions of the financial crisis,…

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