Although income funds and DPMs in March functioned as ATMs for liquidity-seeking HNWIs in Asia, they have remained the top mandates from a net asset gathering’s perspective. Tham Siok-Kuan, head of wealth discretionary, Asia Pacific, Deutsche Bank International Private Bank, told Asian Private Banker that income generating mandates continue to be well sought after by the bank’s private banking clients…
Have a confidential tip? Get in touch [email protected]