Professional Wealth Management
RSS

FROM THE EDITOR
Upheavals push wealth management to the fore
04 December, 2012

The restructuring at UBS and Credit Suisse will leave Swiss private banking in better shape

Sub-advisory business
12 November, 2012

The private banking industry is expecting an increasing amount of investment strategies to be outsourced in packaged products managed by major fund managers. PWM's Yuri Bender talks to Robert Noach of Schroders, which is hoping to win a large chunk of this business, especially in European equities.

A peek under the bonnet of leading private banks
26 October, 2012

Private banks need to be able to adapt if they are to find success, especially in the growth markets of Asia

Evolution key to ending Swiss spell in purgatory
26 September, 2012

Ongoing, and very public, scandals highlight the need for Swiss private banking to re-invent itself

Watch out Europe, the Americans are coming
30 August, 2012

With US equities flavour of the month, confident American managers are looking to gain a greater share of European assets

Fear dulls appeal of riches in the East
29 June, 2012

Private bankers sense plenty of opportunity in Indonesia, but face a hard time convincing wary clients to switch to equities from the perceived safety of bonds

Fund managers search for new models in Monaco
28 June, 2012

Yuri Bender reports from Fund Forum in Monaco

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

The beauty of boutique business
18 May, 2012

Alan Miller, one of the UK's leading hedge fund stars of the 1990s is now building up a reputation as a boutique wealth manager, running family and third party money in mainly passive instruments. He talks to Yuri Bender about how his view of the investment world is changing over time.

Thematic investing: the neverending story
03 May, 2012

The popularity of hedge funds and high yield investments will rise and fall, but the thematic approach appears to be a trend with staying power

ETF backlash fails to diminish demand
29 March, 2012

Money continues to pour into exchange traded funds, despite questions over their construction and whether they are the best vehicle for a particular market

Managing family affairs
26 March, 2012

Money is moving fast from European private banks to family offices and the private investment arms which handle their asset allocation, as wealthy families become disappointed by the poor returns of major providers. Will this be a long-standing wealth management trend or just a temporary blip? Yuri Bender talks to Adam Wethered, founder of private investment office Lord North Street.

Tax attack on Swiss private banks
09 March, 2012

Switzerland has been under sustained attack from the US authorities, with the aim of shutting down any banks helping US citizens to avoid taxes. As a result of international pressures, the banks have been changing their business to highlight portfolio management and asset allocation, rather than earning money from luring clients into secret, tax-friendly structures. 

Switzerland learns to adapt to increased regulation
28 February, 2012

Increasing levels of regulation, especially from the US, are forcing the Swiss to make significant adjustments to preserve their status as a leading financial centre

Swiss scandals could signal end of an era
30 January, 2012

The scandal surrounding the Hildebrands may mark a watershed in the relationship between Swiss bankers and politicians

Jürg Zeltner, CEO of UBS Wealth Management

Industry’s future lies in asset management
28 November, 2011

As PWM celebrates its tenth anniversary, we would like to ask: what should the private bank of the future look like? The answer to this both simple and complex question is “not like one of the past”, according to speakers at our recent private banking summit and awards ceremony, held in Geneva.

Where have all the leaders gone?
31 October, 2011

True leaders need to stick around and see their plans to completion, rather than move on to the next challenge

Exchange traded funds on the ropes
27 September, 2011

The rapid rise of ETFs was in part a response to the financial crisis, but these vehicles are now coming under fire themselves

Giordano Lombardo

No such thing as a risk-free asset
27 September, 2011

Investors may search for safe havens, but with so much uncertainty in the markets it is impossible to hedge a portfolio against all possible outcomes

Banks learn importance of being earnest
05 September, 2011

Private bankers should concentrate on wealth preservation rather than innovative fee-generators

Allocating across the great divide
29 June, 2011

Allocations to developing markets may be on the rise but the Western world still has its supporters

Martin Gilbert

A welcome serving of humble pie
29 June, 2011

Martin Gilbert’s willingness to discuss Aberdeen’s failures, as well as their successes, makes a refreshing change.

Alternatives fighting to win back investors
01 June, 2011

Institutional investors are moving into hedge funds but are private clients set to follow their lead?

New A-teams need both brains and brawn
04 May, 2011

Chief Investment Officers have taken on a much higher profile in many banks and must be ready to swiftly respond to changing situations.

What does the future hold for hedge funds?
11 April, 2011
Professor Amin Rajan

Professor Amin Rajan, CEO of the CREATE consultancy

A major transformation is taking place in the way private clients and institutions look at hedge funds. They need to rely on them increasingly to produce returns and need to make sure they choose a reputable manager for their money.

Guiding clients through these troubled times
05 April, 2011

Events in Japan and North Africa are worrying investors, while their managers are more concerned about EU rules

Taking stock from emerging market story
03 March, 2011

Emerging markets are still considered an attractive long-term play, but investors are shying away from over exposure in the short-term

Return of the BHAG is a sign of the times
03 February, 2011

Audacious growth programmes are back in fashion across the industry, but managing these ambitions may prove a considerable challenge

Opening up the hedge fund world
02 December, 2010

Private banks are taking different approaches to providing access to hedge funds, but clients’ money is all heading in the same direction.

Time for a bit of common sense
23 October, 2010

Private banks may place great store in academic theories when contructing portfolios, but clients usually prefer a simpler approach.

Asian expansion works both ways
27 September, 2010

European wealth managers may be exporting executives Eastwards, but their Asian equivalents are also stepping up activities in the West.

M&A; push expected in hedge fund arena
02 September, 2010

Hedge fund providers are struggling, hit by the desertion of wealthy families and the increased regulations promised by the AIFM directive.

New kids challenge old way of thinking
04 July, 2010

The assent management landscape is being shaken up by a number of new players, putting increasing pressure on traditional business models.

Fighting against regulatory fatigue
26 May, 2010

Ucits has proved to be a resounding success on a global scale, but there are fears about the levels of regulation in the upcoming AIFM directive.

An opportunity too good to miss?
28 April, 2010

Emerging markets should form a bigger allocation in client portfolios according to a number of private bankers, but there are several ways in.

Adapting to clients’ hands-on approach
25 March, 2010

A newfound desire among private clients to have greater control over their investments is forcing wealth managers to change business models

TALK BACK
17 August, 2009

PWM has launched a series of blogs, looking at the characters, systems and products inhabiting the often opaque worlds of private banking and asset management. Please read our accounts and feel free to leave your comments. Swap stories with us and let us know your views on wealth management.

Click here to visit the PWM blogs.

PWM E-mail Updates

  • PWM Magazine Behind The Scenes
Subscription Advertising Contact us Privacy policy Terms and Conditions Webmaster

Mailing address: Financial Times Ltd, Number One Southwark Bridge, London, SE1 9HL, United Kingdom

© The Financial Times Limited 2013