High net worth individuals appear to have finally overcome their fear of banking stocks, but allocations to the financial sector are very selective with US groups much more appealing than their European counterparts
USA
Swiss moves over bank secrecy could go global
Switzerland’s suspension of secrecy laws suggests global cooperation over tax strategy is possible, but wealth managers need to raise their game if they are to guide clients through this new world
North America back on top as wealth rebounds
North America and Asia-Pacific have led global levels of wealth to new highs, while indications are that high net worth individuals favour a streamlined approach to management
East vs West in global equity allocations
Unicredit’s Manuela D’Onofrio and Lim Say Boon from DBS discuss whether investors should head to developed or emerging markets in their global equity allocations
Commodities suffer as investors flock to equities
Slowing growth in China has hit demand for commodities while funds have suffered outflows as investors reallocated to equities. But there are opportunities in the sector, for example in metals and timber
Sky-high prices for prime property widen horizons
Demand for prime property has driven up prices in gateway cities. Investors have responded by looking at secondary properties in these markets, while also considering less glamorous locations
Private banks put brakes on inflation
With central banks prioritising growth over curbing inflation, investors are searching for safe havens in which to hide their assets from the threat of rising prices
Roundtable: Will the US economic recovery grind to a halt?
The US economy has been performing better than most developed markets, but with a “fiscal cliff” on the horizon and a stuttering global economy, can this continue?
Watch out Europe, the Americans are coming
With US equities flavour of the month, confident American managers are looking to gain a greater share of European assets
Calling the shots
Facing up to a variety of challenges, groups which are seen as regional leaders in private banking are paving the way with company wealth management strategies which are responding to the changing landscape
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