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Revenue volatility the bane of product pushers’ existence: Lombard Odier’s Duhamel

Call it a not so subtle dig by a boutique private bank at its larger industry peers, but Lombard Odier’s head of Asia, Vincent Duhamel, can feel the winds of change blowing across Asia’s private banking industry, and to his mind, it’s discretionary portfolio management providers that stand to benefit. “We are witnessing a real bifurcation in the industry, between…

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