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Asian wealthy warm to discretionary portfolios

Joe Marsh
Discretionary portfolio management is starting to gain traction, but finding and retaining investment staff to do it is tricky, say private banking heads in Southeast Asia.
Asian wealthy warm to discretionary portfolios

Discretionary portfolio management (DPM) is gaining popularity among wealthy clients, but it's not an easy sell nor is it a simple task hiring and keeping the people to do it, agreed heads of Southeast Asian private banks.

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