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.
ETFs

The changing role of ETFs in private client portfolios

Smarter products allow private banks to deploy ETFs strategically
Private bankers are attracted by the potential of smart beta strategies to outperform the market over time

Going gets tough for squeezed middle in European ETF battleground
The European ETF market is dominated by a handful of huge players and a long tail of smaller firms. Is it ripe for consolidation?

Is it time to move on from active management?
Chris Bailey, European strategist at Raymond James and Alan Miller, founder and CIO of SCM Direct, discuss whether active management has had its day

Vanguard passionate about driving down costs in asset management
Vanguard’s low cost approach is of huge benefit to its customers, insists Thomas Rampulla, managing director of the firm’s Financial Advisor Services division, claiming active managers would be wise to follow suit

Wealth managers take small steps towards smart beta
The use of ETFs following smart beta strategies is clearly on the rise, but a number of wealth managers remain sceptical as to just how suitable they are for private client portfolios

Financial crisis turning point in investment approach
Conventional investing, which failed in 2008 and its aftermath, has been replaced by the rise of passive vehicles and multi-asset strategies

Customer experience must be central to banks’ online offerings
The digital revolution has created new, higher standards that customers now expect as the norm in all areas of their lives. But in too many cases the investment industry is struggling to match expectations

Wealth managers seek new ways of delivering investment value
Investors are abandoning the search for alpha and embracing index-tracking funds. If wealth mangers can no longer rely on beating the market to attract clients, they must find other ways to make themselves indispensable

Is smart beta really such a clever idea?
Smart beta is taking off, with assets flowing into products following these strategies and ever-more providers entering the arena. But should private investors steer clear?
Join PWM's Yuri Bender for the annual announcement of our Global Private Banking Awards, plus a bonus discussion about the industry's future with Mercer's Cara Williams, Aite Group's Alois Pirker and independent wealth consultant Seb Dovey.
PWM Digital Edition (December 2020 - January 2021)
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