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Equity appetite higher in Singapore than in Hong Kong, APB wealth manager survey shows

Reflecting the behavioural biases of Asia’s HNWIs, just 40% of Hong Kong-based wealth managers say that their clients’ preferred asset class in 1Q17 was equities, compared with more than half (52%) of wealth managers in Singapore, according to a recent APB Mandate survey. Across both of these key Asian private banking hubs, 46% of respondents said equities was their clients’…

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