Asset managers Neuberger Berman and Lazard Asset Management have told Asian Private Banker that they have been offering U/HNWIs more thematic funds through their private banks channel to meet a growing interest. Investor interest in thematic funds has increased markedly in recent years. According to Morningstar, AUM in such funds had grown nearly threefold in two years to US$806 billion…
U/HNWIs drawn to reduced risk of diversified thematic strategies
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