Digital Wealth Asia Forum 2019 HK - Highlights - Bernard Lee

Bernard Lee of HedgeSPA

Nov 29, 2019

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1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

So with the introduction of more AI-based and machine-based capabilities, we expect to see fee cutting with a lot of the providers. That, along with the more challenging business environment, you will see that a lot of these wealth management, some of these wealth management providers, may be out of business, simply because they don't earn enough fees.

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