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Asia’s AUM growth pegged to wane

Asia’s assets under management (AUM) growth is likely to decelerate over next five years, according to recently released industry figures. The report, published by Oliver Wyman and co-authored with Deutsche Bank Research, predicts the CAGR for Asia’s (HNW) banked wealth pool compound annual growth rate to drop by 2 percentage points to 6% per annum. Asian Private Banker foresaw this…

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