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Pictet WM’s Claude Haberer: “The idea that Asian investors don’t go for discretionary is wrong”

Claude Haberer

Pictet Wealth Management Asia has maintained a discretionary mandate penetration rate of 21%, even as the Swiss private bank’s client assets in the region have increased 3.5-fold since the launch of its “new development plan” for Asia in 2011, APAC CEO Claude Haberer tells Asian Private Banker. “The usual idea that Asian investors don’t go for discretionary I think is…

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