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ETFs find love as wealth managers position discretionary portfolios as core offerings

For their low cost and relative performance compared to active investment management vehicles, passive investment vehicles have caught the fancy of investors, with the private banking industry being no exception. Asian Private Banker caught up with Geir Espeskog, head of iShares distribution for Asia-Pacific at BlackRock. Exchange-traded funds have seen good demand from private banks and the wealth management industry,…

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