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Second half private banking client activity “very difficult to predict”: Pictet WM

Trading activities from Asia’s private banking clients in the second half of the year will be “very difficult to predict”, according to Pictet Wealth Management Asia’s head of advisory services, Richard Mak, who foresees significant sidelining amid uncertainty around trade tensions and monetary tightening. “Trading activities have been slow recently due to weak market sentiments. This is especially the case…

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