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Costs driving funds to diversify distribution

Jame DiBiasio
From private banking to direct sales, distributors are looking for ways to diversify as compliance rules undermine the profitability of the mass retail segment.
Costs driving funds to diversify distribution

The lock that consumer banks have on selling mutual funds at the wholesale level in Asia is diffusing as firms turn either to more private banking arrangements or opt to sell directly to retail investors.

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