Russell markets specialist-fund platform to private banks in Asia

Aug 23, 2010

Like other consultants, Russell Investments is increasingly looking to provide services to the region’s wealth-management market, such as its OpenWorld funds platform.

Family offices and high-net-worth individuals in Europe and the US have long sought advice on a level similar to that provided to institutional investors. But the situation is a little different in Asia, given the less mature nature of the region’s private-wealth market and the tendency of rich investors to be more short-term-trading orientated than their Western counterparts.

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