Wealth and Asset Management
Pictet WM has 20% of Asia AUM in DPM
Investors are not willing to take on new bets when it comes to their discretionary portfolio management (DPM), reflecting little change in Pictet Wealth Management’s DPM asset allocation, the bank said. ‘Investors are sitting on their hands; there have been no changes in [DPM] asset allocation and investment preferences. They…
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