PWM’s Perspectives debate brought together some of Europe’s leading wealth managers to discuss the outlook for fixed income in 2018 and get an indication on how fixed income ETFs are used in private client portfolios

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.

Private bankers are attracted by the potential of smart beta strategies to outperform the market over time 

The European ETF market is dominated by a handful of huge players and a long tail of smaller firms. Is it ripe for consolidation?

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’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

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

Conventional investing, which failed in 2008 and its aftermath, has been replaced by the rise of passive vehicles and multi-asset strategies