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BlackRock's retail chief sees fund selection progress

Damien Mooney says most major banks have invested in due diligence over the past year, driven by regulation. But he believes fee-based distribution would challenge fund houses.
BlackRock's retail chief sees fund selection progress

Distribution has become more institutionalised in Asia, with banks having improved their fund selection process in the past year, observed Damien Mooney, head of Asia-Pacific retail business at BlackRock.

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