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Independent Wealth Management Forum 2019 HK - Highlights - Suresh Singh

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

Video transcript

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

The opportunities are huge, right. As wealth matures in the region, the end clients will be looking for more bespoke offerings that I think the EAMs and the independents are well suited to provide the clients. If you look at how the industry has evolved in Switzerland, I think a much (more) significant part of the wealth overall is managed by the independents versus the traditional private banks. Whereas, in Asia now, I think that split is actually quite small. So, I see upside for the industry looking ahead.

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