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Which firm is best at managing assets of the world’s wealthiest individuals? According to the private banks that voted in Euromoney’s 2016 private banking and wealth management survey, it is not a wealth manager, it is a pure asset manager: BlackRock. Indeed, more than any other year in the decade-plus history of the survey, this time traditional asset managers have been recognized for their products and services to the wealth management industry. Aberdeen Asset Management ranks sixth globally for asset management.
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