The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Private Banking: Performance measures shake up high net-worth

A new index should provide greater transparency to investors

Low-risk European returns
12-month ending

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 clients are more comfortable with transparency and paying tax, so instead are looking for performance."

The indices show, for example, that a low-risk European investor should have seen his portfolio return just under 5% over the 12-month period ending March 2005 – where 50% of managers produced returns. The index shows, however, that some managers produced returns as low as 2% but as high as 7.5%.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree