When managing a fund of hedge funds, asset allocation is certainly important, but selecting the right managers is what really drives performance
Asset Allocation
ETFs respond to charges
Critics of ETFs claim these vehicles carry hidden risks, but providers argue they are better regulated than many other investments

Alternatives swing back into style
The wealth management industry appears to be redefining risk, with hedge funds becoming the defensive asset of choice

Gold unlikely to lose its lustre as a safe haven
Gold prices may be extremely high, but fears over the global economy should see the commodity continue to attract nervous investors
Brazil learning to cope with growing pains
Brazil makes for a compelling medium to long-term investment opportunity, but the country must first overcome high rates of inflation and the effects of a strong currency
Value abounds amid American gloom
The US maybe suffering from slowing growth and worries over the national debt but falling equity prices are creating opportunities for adventurous stock pickers

Are ETFs suitable for all investors?
Lars Kalbreier, Global head of investment funds & ETFs, Credit Suisse Private Banking, and Terry Smith, Chief Executive of Fundsmith, debate the role exchange traded funds should play in client portfolios

Emerging market strategies move to core status
Emerging markets are now firmly at the centre of investors’ portfolios, but opinion remains divided as how best to harness the rapid growth seen across the developing world
Investing in regional expertise
Domestic and international groups are boosting their operations across Asia, but both agree that local knowledge is imperative

Non-core properties offer best opportunities
As real estate becomes more global, investors must be careful how best to gain exposure, particularly when looking at non-core properties, which carry an element of risk but are attractively priced at present
Global Private Banking Awards 2022
PWM Digital Edition (March–April 2023)
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