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Multi-family offices facing cost challenges

Growth in the number of new external asset managers and multi-family offices in Asia seems to be slowing due to the rising cost of compliance and talent, say private bankers.
Multi-family offices facing cost challenges

The number of new external asset managers and multi-family offices in Asia has risen swiftly in the past couple of years, but now looks to be slowing as this segment gets to grip with rising costs, say private bankers.

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