One step forward and one back at Kleinwort Benson 24/11/2014 At first sight Kleinwort Benson Wealth Management (KBWM) appears to be making progress, at least according to the data contained in the interim trading statement released by RHJ International, its owner (see thewealthnet 24/11/2014).
Japan - are professional investors backing Abenomics? 24/11/2014 Japanese Prime Minister Shinzo Abe has now dissolved parliament ahead of a snap election for December. Abe has promised new measures to stimulate the consumer economy, plus an extension of the current quantitative easing package. The election has been labelled a vote on Abenomics, an endorsement – or otherwise – of the present government’s economic policies.
So how much is really needed to fund a family office? 20/11/2014 It used to the case, at least as far as those that make assertions on this particular subject, that a minimum of between $50 million to $100 million of assets was required to make the establishment of a family office a viable proposition.
ETFs more popular than ever – UBS 20/11/2014 ETFs are becoming increasingly popular, with issuers continually developing products and new launches becoming ever more frequent. According to research firm ETFGI, ETFs/ETPs listed in Europe gathered $8.7 billion in net new assets (NNA) in October 2014 and a record $56.2 billion in NNA year-to-date, which surpasses any full year NNA for the European-listed ETF/ETP industry. thewealthnet caught up with Andrew Walsh, head of UBS ETF sales for UK and Ireland to find out the latest news in the sector and at UBS in particular.
The active versus passive battleground 19/11/2014 Ten years ago, analyst Huw van Steenis predicted that investment management would polarise into commoditised beta and high alpha products. The middle ground – those active fund managers offering benchmark-led products, seeking to generate a few percent of annual outperformance – would be squeezed. Is this a fair interpretation of the market development over the past decade? Or has it held some surprises?