About pricing. In the past, every trade you do, every product you buy, you probably get one all-in price, maybe plus a commission. You don’t know what is embedded in that one price. Today, it’s about price transparency, “Tell me exactly how much you are making from me for each trade, each product, structured product or mandates that I’m doing with you.” I think it’s good for the industry when we move from embedded pricing to a total price transparency.
Fong Seng Tee, CEO, Pictet Wealth Management Asia
On pricing
