Private banking and wealth management survey 2008:
The benchmark annual survey of the wealth management industry
Euromoney's Private banking awards provide the only comprehensive database of wealth management.
Which private banks had the best performing portfolios?
What private bank is best for net-worth specific services?
What is the best private bank in your region?
Results announced January 2008.
Private banking and wealth management survey 2008:
The benchmark annual survey of the wealth management industry
PRIVATE BANKING ASSETS UNDER MANAGEMENT ARE UP OVER 120% TO $7.6 TRILLION THIS YEAR
• Global private banking assets under management hit $7.6 trillion, a 128% increase year on year
• Global private banking assets under management are now equivalent to:
o The combined GDP of France, Germany
and UK
o 20 million Ferrari 599’s
o 441,000 Sunseeker 37 Tri-deck yachts
(the most expensive yacht on sale this
year at the London Boat Show)
o Over one and a half times the market
capitalisation of all companies listed on
the London Stock Exchange
• Net income growth for the private banking industry is averaging 44% year-on-year globally with the fastest growth coming in China
The full and comprehensive results of Euromoney magazine’s private banking survey were published 8th January 2008 and will be followed by an awards ceremony in London for the leading institutions in the industry.
Subscribe now to see this year's winners
Full results include:
Best private banking services overall I Net-worth-specific private banking services I Equity portfolio management by private banks I Fixed income portfolio management by private banks I Hedge fund investment by private banks I Managed futures by private banks I Private equity investment by private banks I Structured products investment by private banks I Foreign exchange investment by private banks I Real estate investment by private banks I Precious metals investment by private banks I Art banking by private banks I Luxury investment by private banks I Ethical investments I Islamic banking services I Philanthropy services I Corporate advisory for private banking clients I Family office services I Inheritance and succession planning I Tax guidance and services by private banks I Trust services I Specialized services by private banks I Offshore private banking services
About the Private banking survey
The annual Private banking awards provide a qualitative and quantitative review of the best services in private banking, by region and by areas of service. It is an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available.
Factors such as assets under management, profitability, ratio of clients to relationship managers, and services offered, among other things, are all considered in developing the ranking of top private banks.
January 2007
Private banks have never had it so good. Every region in the world offers a growth opportunity. Clients want an ever-increasing array of products and services. This leads to intense competition, evident in Euromoney’s latest annual private banking survey. But is further consolidation inevitable? Helen Avery reports.
January 2006
Private banks are enjoying a period of growth as financial markets improve and global wealth increases. Long-term success will lie in offering a broader range of products linked to investment banking, while ensuring the high levels of service that clients now demand. Euromoney reports on the drivers of success in its annual survey.
January 2005
Its high industry rankings suggest that UBS's bold drive to build a private banking business onshore across Europe is paying off. The bank soars above the competition according to our second annual survey. But the cost has been substantial. And there remain plenty of niches in which its rivals can excel and turn good profits. Helen Avery reports.
January 2004
In the bull market it seemed that investment performance would determine the winners and losers in the fast-growing and newly transparent private wealth management industry. But what the wealthy most need is independent advice and
a sense of who is good at what. Euromoney surveys the best
providers. Peter Lee reports.