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How big of a share of private markets do you have in an average client portfolio? Has that changed since this time last year?

Overall, the allocation to private markets in our client’s portfolios has been increasing since this time last year, albeit from a low base. Historically many clients, such as German private banking clients, could not invest in private markets other than real estate. This is changing and in response, Deutsche Bank is continuing to build its private markets platform and product offering.

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