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UBS, Coutts target onshore wealth in HK

Leigh Powell
Amid signs of a rising appreciation of asset allocation, the Hong Kong market heads of two private banks step up marketing to the city’s underpenetrated high-net-worth community.
UBS, Coutts target onshore wealth in HK

Private banks say they see an immediate opportunity to deepen their penetration of Hong Kong’s high-net-worth community amid signs clients are becoming more open to an asset-allocation approach.

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