“Private bankers are becoming irrelevant,” Durreen Shahnaz, founder, Impact Investment Exchange (IIX) boldly says, because she believes Asian investors, yield-oriented though they may be, want more out of their wealth managers. “They are out of touch with their client needs and wants.” “Clients are looking beyond traditional asset classes,” says Shahnaz, referring to HNW and UHNW clients’ interest in impact…
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