Low-risk European returns
12-month ending
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The performance of portfolios of high-net-worth individuals is now under greater scrutiny than ever before. ABN Amro has launched a series of indices which show the performance of low-risk, medium risk and high-risk portfolios of private banks, creating a benchmark for high-net-worth individuals.
Ariel Salama, head of private banks coverage in ABN's wholesale clients division came up with the idea. "Now a private client can compare the performance of his portfolio against those of his peers and see how he should have done," says Salama.
And it is performance that counts, he believes. "Confidentiality and tax expertise are still important, but the new generation of high-net-worth...
