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
Asia
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
Is Abenomics the right medicine for Japan’s ills?
Recent falls in Japanese equities have shaken some private bankers’ faith in the ability of Prime Minister Shinzo Abe to fix the structural problems that plague his country
Stability amid Asian uncertainty
While worries over the global economy persist, meaning allocations to cash and fixed income continue, wealthy Asian investors are looking for yield in some selective local and international markets
Westward trickle of Indian wealth could become flood
Asia’s rising wealth is making its way into Western markets, and this flow could well increase if the Indian tax authorities continue to target the country’s affluent population
China Merchants Bank readies itself for emergence of rivals
CMB’s deputy chairman and head of clients Ding Wei discusses how the Chinese bank plans to stay on top of the pile as the country’s private banking system opens up
The search for new riches
Eager to source client assets, private banks are seeking out new wealth in emerging regions while also looking towards entrepreneurs active in more developed markets
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
Wealth managers set a course for Chinese mainland
Opportunities are opening up in China, as both big institutions and private clients look to diversify assets abroad
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