Wealth and Asset Management
Pictet Says Gulf Asset Managers Are in a ‘War of Fees’
Pictet, the biggest Geneva- based bank, said fees for asset managers in the Gulf are falling as competition intensifies and investors become more cautious. Market volatility is adding to pressure on fees in the region, where a growing number of banks and asset managers are competing for business, according to…
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Click here to read the full story: Business Week ME