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Back to basics
Thu, Nov 06, 2008
The Straits Times

By Gabriel Chen

BACK to basics. The days of product pushing and convoluted investment strategies for the very wealthy are over for now.

Many private banking customers, sitting on wads of cash amid the financial turmoil, are looking for simpler and easier to understand financial products.

Security of principal and diversity of investments are foremost on the minds of ultra-high net worth families.

 


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