Asset managers find due diligence solution in virtual realm
But face-to-face interaction still key to rapport with investors and between new staff
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Singapore
ASSET managers are turning to new ways to raise funds to get around travel bans, and hosting virtual due diligence sessions with investors in place of face-to-face meetings.
Even as physical meetings with clients are allowed from this Friday as Singapore moves into Phase 2 of the its economic reopening, some of the practices adopted during the "circuit breaker" and Phase 1 periods may continue to be the order of the day.
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