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More bang for your buck? Is discretionary portfolio management the panacea for the HNWI masses?

Discretionary Portfolio Management (DPM) is the predominant model for private banking in much of Europe. However, it is still to find wide acceptance in Asia. In the last issue of Asian Private Banker, we discussed some of the reasons why private banking clients in Asia are sceptical about using discretionary accounts. Despite this scepticism, private banks remain upbeat about DPM…

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