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Archive » 2010 » Issue 84 (October)
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.

Lloyd Reynolds, GSAM

Spreading the Goldman gospel
27 September, 2010

With Asian banks moving from open architecture to a more guided approach, Goldman Sachs is aiming to build a number of deep relationships, writes Yuri Bender.

UBS revs up identity change in bid to recover lost ground
27 September, 2010

Swiss giant UBS has launched a global advertising campaign as the next step in a plan to turn the bank around. Not least of the engines driving the transformation is a five-year deal with Formula 1, writes Bill Yelverton.

Todd Ruppert, T Rowe Price

T Rowe Price happy to play the long game
27 September, 2010

T Rowe Price’s Todd Ruppert is a big believer in putting the end client first, a lesson he claims many in Europe have yet to learn. Yuri Bender reports.

Rayo Salahadin Withanage, The BMB Group

BMB’s acquisitions signal intent to expand horizons
27 September, 2010

BMB started life investing on behalf of the Brunei royal family, but as the Islamic investment industry expands, the group will continue to spread its wings. Yuri Bender talks to chairman Rayo Salahadin Withanage.

Clive Crowe, MFS

MFS targets high end of wholesale market
27 September, 2010

American management firm MFS’ lack of brand recognition in Europe means sales director Clive Crowe must find a way to distribute funds away from the traditional independent financial adviser route. Yuri Bender reports.

Furnishing the front office
27 September, 2010
Andrea Maffezzoni, Unicredit

Having put much needed improvements on the back burner due to cost cutting measures during the financial crisis, private banks are once again looking to invest in front office systems and support networks for their advisers to improve levels of client communication. Elisa Trovato reports.

Stéphane Wathier, Société Générale

A more sophisticated approach to meet multiple objectives
27 September, 2010

The worse than expected performance of core satellite strategies over recent years has seen the model lose credibility with private clients. Wealth managers are now responding with a range of measures aimed at improving portfolio construction. Ceri Jones reports.

Developing country debt vehicles entice private investors
27 September, 2010
Matt Ryan, MFS

Flows into emerging market debt have been steadily increasing,writes Ceri Jones, with institutional investors in particular attracted by strong economic fundamentals and the reduced levels of volatility that bonds offer over equities.

No guarantees so proceed with caution
27 September, 2010
Marilou Calara, Citi

Since their initial launch, Ucits III structures have become popular among fund providers and both retail and institutional customers, but question marks still hang over latest interpretations of the directive, under which fund houses are now packaging hedge funds for retail consumption. PWM invited eight leading figures in private banking and asset management to discuss the proliferation of these vehicles, the continued importance of due diligence and what the future may hold. Yuri Bender directs the debate.

Location paramount to achieving returns
27 September, 2010

A region’s economic fundamentals are key when investing in property, a lesson learnt by those with exposure to the asset class who have suffered heavy losses in recent years, writes Elisa Trovato.

Hunting for alpha in Asian fixed income
27 September, 2010

The Asian fixed income market is still developing and is far from perfectly efficient, creating plenty of opportunites for active managers such as Aberdeen, yet most investors are underweight the asset class despite the region’s strong economic fundamentals. Elliot Smither reports.

Panel investment
27 September, 2010

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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