Contrary to claims that investor short-termism and desire for control hamper discretionary mandate sales in Asia, a recent survey conducted by Asian Private Banker reveals that the primary headwind facing discretionary portfolio management (DPM) providers is performance. With an average rating of 6.87 out of 10, DPM leaders said that ‘performance’ is the biggest hurdle to sales. Short-term investment horizons (6.26 out of 10)…
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