Wealth management: Why performance matters

Traditionally seen as great for service, but second best in investment performance, private banks have been polishing up their act, investing in research and third-party products to diversify portfolios and win back market share in asset management from other financial service providers. FTSE PriBIL’s Private Banking Indices show that high-net-worth individuals should be taking private banks’ portfolio management more seriously. Plus we profile three of the banks that outperformed it. Helen Avery reports.

Rothschild: Risk and reward | Lombard Odier: High performance from low risk | Dresdner: Bias and balance

INVESTMENT PERFORMANCE IS among the top-three deciding factors for high-net-worth clients when choosing a financial services provider. According to a survey of almost one hundred private banks by IBM Business Consulting Services, the strongest reason clients give for changing to a new private bank is poor investment performance. Financial services providers other than private banks have traditionally been seen as the ones delivering the investment performance that high-net-worth clients need.

Wealth management: Why performance matters

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Wealth management: Why performance matters

Thanks for your interest in Euromoney!To unlock this article:

Regulators should be upfront with taxpayers – and admit all deposits are guaranteed

The FX Files: Is it the end of the line for single-dealer platforms?

The Danish Compromise tests Europe’s appetite for regulatory easing

What can US bankers really expect from Trump’s deregulation impetus?

Thanks for your interest in Euromoney!
To unlock this article: