Lack of volatility in foreign exchange markets and certain asset classes this year has driven investment into fixed income and multi-asset funds. Private banks want to fight such cyclicality.
Relationship managers need to be convinced of the benefits of funds as client solutions and that requires focused training, say senior bankers who identify a correlation between the two.
JP Morgan Private Bank and UBS Wealth Management see increasing use of funds in discretionary portfolios. A house view is also seen as synonymous with use of funds.
AsianInvestor presents photographs from its second global investment summit in Melbourne to showcase opportunities in Asia and emerging markets.
Speaking at the CLSA conference in Hong Kong, bearish Dr Marc Faber refrains from saying æI told you soÆ, and remains pessimistic about the global outlook for markets and economies.
Is the euphoric sentiment towards China going to lead to another crash?