Private banks see hedge fund demand rising
Citi Private Bank has seen an eightfold rise in sales of hedge funds through its Asia platform since 2012. Swiss firm Pictet also sees growing demand for the asset class.
Hedge funds are coming back into favour in Asia, say executives from Citi Private Bank and Pictet Wealth Management, speaking on a private roundtable for product selectors hosted recently by AsianInvestor.
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