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DBWM launches ETF mandates in Asia, receives “encouraging responses”

Deutsche Bank Wealth Management has rolled out its “strategic asset allocation (SAA)” ETF-based mandates in both Hong Kong and Singapore, following the launch in Europe, Asian Private Banker has learnt. Rajesh Mahadevan, head of capital markets and investment solutions, emerging markets at the bank, said that since launch, the team has received “encouraging responses” from Asian clients — a segment…

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