By buying Bank Of America Merrill Lynch’s wealth management arm, Julius Baer has doubled its presence in Asia, but their new unit needs something of an overhaul if it is to become profitable

Enhanced regulations will force financial institutions to look at bringing their wealth management and investment banking teams closer together, but the culture within the firm must be right for this approach to succeed

Citi’s Emea boss Luigi Pigorini discusses the private bank’s attempts to increase its presence among Europe’s wealthiest families and the importance of keeping regulators onside

UBS GAM’s distribution chief, Rob Lay, believes there is plenty of money in Europe for asset managers to target if they play to their strengths

Although assets under management have been changing hands, the Swiss financial industry is not seeing the kind of consolidation through mergers and acquisitions that many were predicting

Douglas Thursby-Pelham, Vinculum

Investment houses must come to terms with the realities of the modern financial world by redeveloping their business models to preserve client capital while being able to seize opportunities as they arise

James Klempster, Momentum Investments

Volatile markets have seen falling flows into equity-linked ETFs, but fixed income investments are on the rise, while products tracking precious metals are also booming

The sovereign debt crisis may be weighing down on investor inflows into exchange traded funds (ETF) listed in Europe, which have dropped by more than half in the first six months of the year, but the ETF markets still present considerable opportunities for wealth managers.

Exchange traded funds offering targeted exposure to eurozone governments’ bonds are proving popular, while products based on emerging markets could become the next big thing

US markets have performed well over the past year, but there are worries that they do not accurately reflect the state of the country’s economy

Investments into renewable energy are on the rise, and funds tracking the sector are seing inflows, but the theme is better suited to those investors with a long-term horizon

The wide range of categories covered by alternative investments, many of them with low correlations to equity and bond markets, could offer stable income streams to investors, but fundamental research is essential before picking funds

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