Private banking: Pure-play funds plough through private client opening

The world’s leading private banks still haven’t resolved the conflict between advising their clients and investing their assets. A decade ago, many wanted out of asset management. Now they want back in. The ensuing confusion has left a gap that pure-play asset managers are finally beginning to fill.

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Results Index 


Which firm is best at managing assets of the world’s wealthiest individuals? According to the private banks that voted in Euromoney’s 2016 private banking and wealth management survey, it is not a wealth manager, it is a pure asset manager: BlackRock.  Indeed, more than any other year in the decade-plus history of the survey, this time traditional asset managers have been recognized for their products and services to the wealth management industry. Aberdeen Asset Management ranks sixth globally for asset management.

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