More Asian HNWI seeing value in professional managers
Bank of Singapore reports 10-fold hike in demand for discretionary portfolio management services since 2010
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Singapore
ASIAN investors are increasingly leaving their investments in the hands of professional managers as volatile markets take their toll.
"There is a growing trend of older Asia high net worth individuals who are prepared to leave their investments in the hands of professional managers," said Marc Van de Walle, Bank of Singapore (BOS) global head of products.
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