Chris Bailey, European strategist at Raymond James and Alan Miller, founder and CIO of SCM Direct, discuss whether active management has had its day
Latest news
Winning over the wealth creators
To remain relevant to today’s entrepreneurs, wealth managers must move away from pushing products to offering customised advice
Trump trade stalls as market worries over policy delivery
As the president’s agenda appears to stall, are we in line for a correction?
Fintech on Friday: Does your wealth manager drink coffee or kilowatts?
Technology will inevitably disrupt the private banking industry, but there will always be room for human expertise
The five hats every wealth manager must wear
Staying relevant in an ever-evolving and competitive market requires advisers to play several different roles
Vanguard passionate about driving down costs in asset management
Global gorilla claims low cost approach is of huge benefit to customers
Is it time to move on from active management?
Sub-advisory opens door to niche managers and bespoke products
Asset managers looking for higher transparency and exclusivity of distribution are finding the sub-advisory approach gives access to boutiques and helps them stand out from rivals
Fintech on Friday: Financial services and robotics far from natural bedfellows
High net worth individuals should be more interested in the investment opportunities offered by robotics and automation than their impact on wealth management, claims Jonathan Cohen of RoboCap
Romania showing glimpses of a brighter future
A forthcoming raft of privatisations and cheap labour costs are driving interest in Romania as an investment destination
Size isn’t everything as fund performance beats brand
Fund selectors claim brand is unimportant, with the manager, investment process and anticipated returns all higher on the agenda
Pick-up in growth puts bank stocks back in favour
The prospect of financial deregulation has fuelled a sharp recovery in US banking stocks, while normalising rates would give European financials a welcome boost
Clients and clampdowns drive banking revolution
Private banks’ business models continue to evolve, with most focusing on their core home markets while looking to outsource back office functions to outlying financial centres. But the biggest changes in the way wealth managers do business will be driven by the changing needs, and profiles, of their clients
Less is more for private banks picking product providers
The preferred partner model, whereby private banks source their product menu from a small number of asset managers, is gaining traction
Asset management failing to get to grips with tech revolution
The asset management industry is guilty of looking for traditional solutions to its problems, while many of the answers actually lie in the digital realm
Luxembourg readies its response to political upheaval
A number of London’s financial services firms could well be looking for eurozone bases following Brexit, and Luxembourg is well positioned to take advantage. But the Grand Duchy is also worried about possible US protectionist moves
UBS targets mass affluent sector with SmartWealth online platform
UBS Wealth Management has launched its new digital platform in the UK with the aim of attracting a wider, and younger, audience
No need for robo-advice pioneers to fear arrival of big names
There is much talk about established wealth management firms launching their own digital platforms, but this would just bring more clients into the online world, argue the start-ups
Financial centres react to Brexit bombshell
The turmoil thrown up by recent global events will impact financial centres on both sides of the Atlantic. While some sense an opportunity, others are planning for an uncertain future
Robo-advice just one piece of digital puzzle for private banks
Having initially dismissed robo-advice as a passing fad, established wealth managers are now taking the threat seriously. But it is not just a case of copying the start-ups, rather marrying digital advances with a human touch
Madrid seeks to spring a surprise on European rivals
Sweeping reforms, cheap office space, a skilled workforce and a flexible regulator mean the Spanish capital is very much open for business
Fund selection - April 2017
Each month in PWM, nine top European asset allocators reveal how they would spend €100,000 in a fund supermarket for a fairly conservative client with a balanced strategy
Why mum and dad don't always know best when it comes to money
High net worth individuals are happier turning to relatives for financial education rather than to wealth managers, though most agree more formal initiatives are beneficial
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Changing population dynamics top long-term trend for private banks
The population, urbanisation and ageing theme is the top cross-sector investment theme according to private banks, with 75 per cent of respondents to PWM’s Global Asset Tracker implementing it in client portfolios
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Most Viewed Content
- UBS targets mass affluent sector with SmartWealth online platform
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- Building the best wealth management platforms for investors' online journeys
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