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DPM assets ‘steady and growing’ at Asia’s PBs

A sizeable percentage of Asia’s private banks have seen steady-to-significant growth in discretionary assets YTD, according to Asian Private Banker’s latest industry survey of investments and solutions heads in Hong Kong and Singapore. Just under half of all respondents said discretionary assets at their respective businesses had increased YTD, with a further 14% reporting no meaningful growth for the period….

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