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Asset Allocation

Christian Gattiker, Julius Baer

Private banks put brakes on inflation

With central banks prioritising growth over curbing inflation, investors are searching for safe havens in which to hide their assets from the threat of rising prices

Julien Seetharamdoo HSBC

Investors probe deeper into developing economies

Investors are looking for under-valued stocks in the biggest emerging markets, while smaller or less mature economies are also proving popular

Bill McQuaker, Henderson

Go for growth or value in the equity space?

Henderson's Bill McQuaker and BNP Paribas' Florent Bronès discuss whether investors looking to equities should head for growth or value-orientated stocks

Marc Ciancimino KKR Asset Management

Borrowers go private in hunt for credit

With banks in Europe shrinking their balance sheets, borrowers will have to look elsewhere for credit, opening up opportunities for private credit providers

Philip Hoffman, The Fine Art Group

Buying art for investment’s sake

Fine art is a huge business and as an asset class can provide something of a safe haven, but it is not an area in which many private banks are currently able to offer advice to clients

Pierre-Yves Bareau JP Morgan

Emerging market debt shows no sign of a let-up

Although yields may not be quite as high seen last year, 2013 looks to be another good year for emerging market debt with more developing countries being rerated higher

Eleanor Hope-Bell, State Street

Tumultuous love affair with ETFs set to continue

PWM invited leading figures in the wealth management industry to discuss the huge expansion in the use of ETFs, concerns over synthetic products and implications of this growth for active management

Lionel Paquin, Lyxor

Investors urged to act in times of distress

Wealth managers now have enough faith in the global economy to recommend buying up distressed assets, but any moves into the asset class must be considered long-term

Peter Harrison, RWC Partners

Private banks pressed to use ESG lens

By boosting its headcount, London-based RWC Partners has improved the firm’s ability to forge links with wealth managers

Flexibility a strength in times of uncertainty

With ongoing doubts about the future of the global economy the ability of multi-asset funds to move easily between classes is making these vehicles more popular

INVESTING IN SUSTAINABLE REAL ESTATE - SOCIAL AND ENVIRONMENTAL INVESTMENT CH 4/4

Crispin Royle-Davies, managing director and senior research analyst for public real assets at Nuveen, speaks to PWM about the key role of real estate assets in private portfolios.

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