Archive » 2012 » Issue 101 (June)
JP Morgan’s loss leaves one-bank model at risk
31 May, 2012
Huge trading losses suffered by JP Morgan raise a number of question’s about the future of the US bank and the relationship between investment and private banking in general
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Banks clear some space in global garage sale
31 May, 2012
Bank of America Merrill Lynch has put its international wealth management business up for sale, but will the reported $3bn price tag deter potential buyers?
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Didier Duret, ABN Amro |
ABN Amro filled with a new resolve
31 May, 2012
Didier Duret, ABN Amro Private Banking’s CIO, typifies the confidence that is once again flowing through Dutch bank
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Gina and Alan Miller, SCM Private |
SCM Private invites clients to follow in its footsteps
31 May, 2012
Alan and Gina Miller, the founders of SCM Private, believe managing their own money alongside their clients’ helps them follow a longer-term strategy, such as avoiding overhyped emerging markets and embracing ETFs
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Is long only the best way into emerging markets?
31 May, 2012
Bart Turtelboom (left), Co-manager at GLG Emerging Markets, and Harald Espedal, Investment Director at Skagen Funds, discuss whether a long-only investment strategy is the only way to approach emerging market equities
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Calling the shots
31 May, 2012
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Jana Schreuder, Northern Trust |
Facing up to a variety of challenges, groups which are seen as regional leaders in private banking are paving the way with company wealth management strategies which are responding to the changing landscape. PWM and The Banker approached chief executives of key players in each global region to canvass their views on growth drivers and potential growth blockers. Regulation, reporting quality, due diligence and banks’ increasing use of social media were among the topics addressed by our panel of leaders. The highlights of the discussion are presented below
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Regulation drives rise in IT outsourcing
31 May, 2012
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Daniel Bardini, SunGard |
With private banks having to comply with increasing levels of regulation, many are finding that outsourcing IT operations is more cost-effective than developing in-house solutions
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Italian fund houses struggling to cope with foreign invasion
31 May, 2012
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Giacomo Campora, CEO at Allianz Bank |
Italian fund houses are used to having free rein in their domestic market, but international firms are now a growing presence in the country. Yet both sides stand to benefit if they partner together
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Lower-rated credit attracts yield-hungry investors to corporate bonds
31 May, 2012
The safe but unspectacular yields from higher grade corporate bonds continue to attract those looking for defensive investments, but the more adventurous are turning to the generous returns offered by lower grade issuers
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Ken Heinz, Hedge Fund Review |
Institutions step in as high net worth individuals shun black-box strategies
31 May, 2012
With the 2008 crisis fresh in their minds, high net worth individuals remain wary of hedge funds, but institutional investors are taking their place and the industry continues to see fresh launches
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Identifying winners in the multi-asset funds universe
31 May, 2012
Recent crises have generated renewed interest for asset allocation funds, with active management strategies designed to dampen shocks when the market falls. However, faced with an offer that is now very large and diverse, selecting the right investment medium can prove complicated
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Fund selection - June 2012
31 May, 2012
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
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