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The potential conflict of interest that sets IAMs and MFOs apart

The line between multi-family offices (MFOs) and independent asset managers (IAMs) can be blurred. The two terms are often used interchangeably by Asia’s private banking industry, and regulation-wise, little differentiation has been made. But a family office scholar warns that the two distinct models, if ill defined, could leave room for misaligned interests. “There is a motley of players in…

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