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Fund firms eye private banks, insurance platforms

Suzy Waite
Mutual fund managers, facing asset retention issues, are increasingly turning to private bank and insurers for distribution, says Cerulli, but fierce competition will keep the shift gradual.
Fund firms eye private banks, insurance platforms

Asia-Pacific mutual fund firms, in search of more stable revenue streams, are increasingly trying to get their products on private bank and insurance distribution platforms, but the shift will be gradual, says research house Cerulli Associates.

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