BMO Private Bank's new Asia CEO has been given a remit to grow the size of the firm's regional assets. The bank has started building out its product shelf and handing out mandates.
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The Canadian private bank is also open to distribute funds approved under the mutual recognition fund scheme, says its fund gatekeeper.
The international private bank of Bank of Montreal will appoint fund houses to advise on European and Asia ex-Japan equity, and more are to come for other asset classes.
