Philippines Wealth Management Forum 2019 - Exclusive Insights - Evrard Bordier
CEO and Managing Partner
Bordier & Cie
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Changes in client behaviour and expectations that I've seen the last year or two, is really the CRS effect, which means that because people are completely transparent about their assets, they expect performance much more as a basis. You do not have a relationship if you don't have performance. And it's not to be the best performer, but the minimum performance is needed and then comes all the rest. So, I think the people that cannot perform adequately will not survive in the future.