Fianancial institutions need to invest in servicing and acquiring clients and in opening new offices in geographical areas of importance. Elisa Trovato analyses latest reports into the world’s wealthiest individuals
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Revealing the true market potential
New transparent methods for collecting data could give a real picture of market share potential for private banking players, writes Ted Wilson
Dexia to branch out from belgium in third-party push
Traditionally Dexia gained the majority of its asset management business through its Belgian branches, but now it has set its sights on the exciting world of third-party distribution, writes Yuri Bender
Basking in boutiques
The nimbleness and talent within boutique structures encourage enhanced performance, and the personal touch offered inspires loyalty in their clients. However, the instability of such a small organisation could prove a stumbling block, especially as the big players are getting in on the act, writes Yuri Bender
130/30 band wagon powers into europe
European fund houses are waxing lyrical about the potential of 130/30 funds, with the ability to short offering enhanced performance. However, with the plethora of new products flooding the market, some private bankers may adopt a wait-and-see approach. Christine Senior reports
Unlocking greater freedom to develop assets
Stefano Pierantozzi, head of EMEA fiduciary oversight and research, at Citi unveils how investment theory developed in order to accommodate the idea of 130/30 strategies and how they can fit into the Ucits Directive. These strategies may not necessarily perform better than traditional ones, but they allow for greater freedom
No reason to continue the long-only route
Weaker equity market returns, increased plan funding needs, and demand for higher and more predictable active manager returns have led to a growing interest in alternative investment approaches. One of the most promising sources of higher alpha that is rapidly gaining appeal is ‘directional long-short’ investing, write Alexander Tavernaro, client portfolio manager, Invesco Global Structured Products Group, Frankfurt and David Wonn, client portfolio manager, Invesco Global Structured Products Group, Boston
Going local as dollar tightens
Tightening spreads in dollar-denominated debt means that there are few opportunities for growth. However, there may some hope within local currency denominated bonds, writes Simon Hildrey
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