World’s wealthiest ditch private money managers

The image of the upper echelons of the money-management business operating out of fusty private banks in Geneva or London’s Mayfair, with marble lobbies and fake country-house meeting-rooms, is out of date, says The Economist.

The image of the upper echelons of the money-management business operating out of fusty private banks in Geneva or London’s Mayfair, with marble lobbies and fake country-house meeting-rooms, is out of date, says The Economist.

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