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Archive » 2009 » Issue 72 (July)
Return of the self preservation society
01 July, 2009

A pattern is emerging of retail banks recommending internal products to their customers, but there is still room for the independents

Losses shake trust in industry
01 July, 2009

The market downturn has led the super-rich to question their wealth managers, reports Elisa Trovato, but there will be huge opportunities for those who understand clients' needs

Asset allocation positions point to confidence in recovery
01 July, 2009

Wealth managers are responding tactically to extreme market conditions, with alternative assets attracting substantial allocations. Stephen Wall and Cath Tillotson discuss the strategies in use for HNW clients' portfolios

Morgan Stanley looks to make market moves
01 July, 2009

Yuri Bender talks to Ausaf Abbas head of Emea sales at Morgan Stanley about plans to expand the business away from its US powerbase and the preference for an open architecture approach

Standard Chartered aiming at global Indian wealth
01 July, 2009

Steve Seagrove explains how Standard Chartered is actively targeting the non-resident Indian segment, a group attracted by the international focus of the bank as well as the financial safety it offers. Yuri Bender reports

Lifting the veil
01 July, 2009

The era of banking secrecy is over, meaning that the world has changed for Swiss banks. But how they position themselves in the new financial landscape has huge implications for the whole wealth management industry, writes Yuri Bender

The end of banking secrecy
01 July, 2009

Yuri Bender take a look at some of those financial centres who will be hoping to benefit from the end of banking secrecy

Living within the new guidelines
01 July, 2009

Gibraltar was one of a number of jurisdictions to be placed on the OECD ‘grey’ list following G20, a move that did not surprise Chief Minister Peter Caruana, writes Elliot Smither

The benefits of a well regulated environment
01 July, 2009

Professor Joe Bannister explains how Malta’s financial services industry has been transformed in recent years and the expansion of the wealth management side

Counterparty risk now firmly on the agenda
01 July, 2009

Many investors in structured products used to pay little attention to the risk of the underlying issuer, but the collapse of Lehman Brothers has led to an increased focus on counterparty credit quality, writes Elisa Trovato

Taking control of counterparty risk
01 July, 2009

Responsible innovation in the structured products market can give more choice to investors, writes Giuseppe di Stani, allowing them to decide on the levels of risk they wish to take on

Effectively managing the unimaginable
01 July, 2009

Risk management need not mean elaborate and expensive control programmes, explains Carl Hanssens, but it must start with open and honest dialogue between upper and line management

A positive if volatile outlook
01 July, 2009

Commodities have had a good year so far, a trend that looks set to continue, both in the coming year and over the longer-term, writes Ceri Jones

Putting the house in order
01 July, 2009

Greater levels of regulation for hedge funds are inevitable. But, asks Yuri Bender, will they follow the draft EU directives? And what are the real drivers behind the proposed legislation?

Panel investment
01 July, 2009

Each month in PWM, 12 top European asset allocators reveal how they would spend €100,000 in a fund supermarket for a fairly conservative client with a balanced strategy

Bonds and alternatives gain sub-advisory share
01 July, 2009

Despite pressure to perform against a tough market backdrop and competition from exchange traded funds, business for Europe’s sub-advisers is holding firm, with new mandates expected in the coming year, writes Elisa Trovato

Assessing impact of market downturn
01 July, 2009

Our sixth annual sub-advisory survey aimed at better understanding the sub-advisory drivers, the impact that the market downturn has had on the decision to sub-advise, and how the increased need for transparency has affected the types of asset classes that are most suitable to sub-advisory.

Global shift seizes Asian wealth market
01 July, 2009

Asset management firms in Asia that had previously had a domestic focus are using sub-advisers to give them expertise to access the overseas markets which their clients demand. Elisa Trovato reports

Asian players plan to leapfrog European distribution model
01 July, 2009

Lloyd Reynolds, managing director at Goldman Sachs Asset Management, discusses the differing approaches to sub-advisory in Europe and Asia, and explains why he believes the industry is set to enter a new growth cycle. Elisa Trovato reports

Banks join the quest for outside knowledge
01 July, 2009

Elisa Trovato directs a discussion on the developing issues in the sub-advisory arena. Seven leading players reveal the factors which influence them to outsource, the impact of the financial crisis on their business, and discuss what the future may hold for the wealth management industry

Finding the right match all important for Pictet
01 July, 2009

Mussie Kidane of Pictet explains why it is paramount to have a cultural fit with sub-advisers, and how their brand can prove to be a strong selling point

Fundquest looks for second generation efficiency
01 July, 2009

FundQuest, the fund selection arm of BNP Paribas, believe the financial crisis could prove to be both a threat and an opportunity for the sub-advisory business

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