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Private banks seen as hindering Asia multi-asset funds

Bernadette Tio
Asia needs to change its pension structures to facilitate change, says the chief executive of Principal Global Investors. It comes amid a growing belief that private banks are preventing the uptake of multi-asset funds.
Private banks seen as hindering Asia multi-asset funds

The role of private banks is making it difficult to achieve a faster penetration of multi-asset funds in Asia, says the CEO of Principal Global Investors (PGI).

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