The drive by co-presidents Iqbal Khan and Tom Naratil to put digital at the heart of UBS's wealth management offering has been given a boost by Covid-19, but both insist human interaction remains vital

Alongside the Wealth Tech Awards for 2020, PWM hosted a video discussion around the key wealth management themes being highlighted and accelerated by the current Covid-19 crisis, including digital transformation, big data analytics and finding the illusive combination of human and robotic advice

Private banks, who were already promoting private equity before Covid-19 hit, now see even more opportunities in the sector as a result of depressed company valuations

While older investors remained relatively calm during the market fluctuations earlier this year, younger clients required more reassurance from wealth managers

Private banks will only survive if they adopt new ways of doing business, believes David Durlacher, CEO of Julius Baer International

The Swiss wealth management industry is facing numerous challenges and must do more to embrace digital solutions if it is to remain the market leader

Many family offices have been slow to adopt the latest digital solutions but they must if they are to remain relevant to a younger client base

Most of the world’s richest women inherited their wealth, but of those who can be considered self-made, almost half hail from Greater China