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EFG eyes launch of new active advisory offering in Asia

Sensing a widening sweet spot between discretionary and client-directed investing, particularly against traditional hands-on tendencies of Asian HNWIs, Swiss pure play EFG tells Asian Private Banker that it is aiming to push out a new advisory mandate in the region. “One of the ways to make up for lost revenue should trailer fees be abolished is to grow flat-fee business, keeping in…

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