A sell-off in global stocks in early 2018 may have spooked investors, but respondents to PWM’s third annual asset allocation survey remain optimistic that the global economy remains on course 

Female investors are more attuned to social and environmental issues, but merely pushing products in their direction is not the way to meet their needs  

Investors are looking to private equity, hedge funds and real estate to both protect themselves from any stockmarket sell-off and to generate returns, while providers are responding by finding new routes into the market

The pace of technological disruption is likely to increase in the years ahead. There will clearly be winners and losers from this upheaval – how should investors respond?

PWM’s Perspectives debate brought together some of Europe’s leading wealth managers to discuss the use of ETFs in private client portfolios and how their phenomenal growth is shaping the wealth management landscape.

With all eyes on the direction of central banks’ monetary policies, investors continue to be frustrated by government bond yields, though there are attractive returns to be found in other areas of the market

Wealthy clients are increasing allocations to private equity and real estate, although appetite for hedge funds remains well below its pre-crisis peak

Allocations to private assets have swelled in recent years, but with the sector getting expensive, hedge funds are beginning to look more attractive