Morgan Stanley sees double-digit DPM growth — what’s driving it?

Morgan Stanley Private Wealth Management Asia (PWM Asia) has navigated a succession of market themes over the past few years, delivering consecutive double-digit growth in assets under management for its discretionary portfolio management (DPM) business despite heightened volatility. Speaking to Asian Private Banker, Wee‑Kiat Tan, CIO and head of DPM, said the bank tapped renewed interest in Japan in 2023 and…

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