EFG has seen a 40% bump in discretionary portfolio management (DPM) assets in Asia since the start of the year. The sharp increase is likely to please the Swiss pure play given its increased emphasis on annuity income amidst industry-wide fee compression, regulatory tightening and transactional volatility. Speaking to Asian Private Banker, Rebekah Chuan, head of investments for EFG Asset…
EFG’s Asia DPM assets rise 40% this year
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