Category Archives: private banking

Changing paradigm for HNW investing: don’t bring sand to the beach

Younger HNW investors are much more comfortable investing in tangible assets than in stocks and other traditional asset classes. U.S. Trust in its annual Wealth and Worth study discovers a number of surprising and counterintuitive trends among HNW investors. For … Continue reading

Posted in alternatives, Brand, Brazil, Chile, consulting, E&A, enskat associates, information delivery, institutional investor, investment banking, iPad, lifestyle, management, money, multi-convergence, pension funds, private banking, professional fund buyers, wealth management | Tagged , , , , , , , , , , | Leave a comment

SWFs, Family Offices and Pension Funds in the Middle East in Transition: Invesco study

The decisions of the most sophisticated pools of assets globally are studied closely for guidance on how the overall industry will evolve. The history of SWFs started with KIA in the 1950s and Middle East SWFs in the last sixty … Continue reading

Posted in alternatives, black swans, Brand, consulting, E&A, Enskat Associates, information delivery, institutional investor, LatAm, Middle East, money, multi-convergence, pension funds, private banking, private equity, SWFs, wealth management | Tagged , , , , , , , , , , , , , , | Leave a comment

Few surprises in European Pension Fund Asset Allocation: Equities down, Alternatives Up

The latest Mercer data on European pension funds and their asset allocation shows an aggregate decrease in equities from 43% to 39%, and over half of them now have alternatives allocations (UK leads the way with 75%). In other words, … Continue reading

Posted in alternatives, asia, cash flows, consulting, E&A, Enskat Associates, information delivery, institutional investor, investment banking, management, multi-convergence, pension funds, private banking, private equity | Tagged , , , , , , , , , , , , | Leave a comment

Multi-Convergence continues: Schroders and the Cazenove deal

After buying US fixed income manager STW in December, Schroders greets spring with the acquisition of Cazenove. With distribution convergence, from retail to mass affluent, high net worth and institutional, Schroders added the queen and an old UK private banking … Continue reading

Posted in alternatives, black swans, Brand, cash flows, Enskat, enskat associates, institutional investor, investment banking, management, multi-convergence, private banking, professional fund buyers, UCITS, wealth management | Tagged , , , , , , , | Leave a comment

Multiconvergence: Orix buys Robeco for distribution and global brand

I am finishing a week of CEO discussions in Europe and, before flying back to NY, Orix just announced the acquisition of 90.01% of Robeco equity from Rabobank for about two billion Euros (240 billion yen) to expand the global … Continue reading

Posted in alternatives, asia, Brand, cash flows, distribution, E&A, enskat associates, institutional investor, institutions, management, Middle East, multi-convergence, pension funds, private banking, professional fund buyers, SWFs, UCITS, wealth management | Tagged , , , , , , , , , | Leave a comment

Global Trends 2030 – Welcome to the Future

The sad thing about the comprehensive work of the National Intelligence Council looking at future global trends is that it only is published every four years, and the speed of change has been increasing dramatically. To that end, #GT2030 has … Continue reading

Posted in alternatives, apps, asia, black swans, cash flows, Chile, consulting, distribution, E&A, enskat associates, information delivery, institutional investor, LatAm, Latin America, lifestyle, multi-convergence, pension funds, private banking, private equity, professional fund buyers, wealth management | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

LatAm keynote and client meetings: 2013 trends for Brazil and Latin America

Just touched down in New York after a week of meetings and speeches in Latin America around the annual Fund Forum. With the Selic rate down 525 bps to 7.25%, the industry for the first time in years is seeing … Continue reading

Posted in alternatives, black swans, Brand, Brazil, cash flows, Chile, consulting, E&A, enskat associates, information delivery, institutional investor, LatAm, Latin America, multi-convergence, pension funds, private banking, professional fund buyers, wealth management | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Earnings season: Carlyle Group acquires asset manager, raises 3.4b in fresh capital

As mentioned in my recent postings on institutional investors, SWFs have increased their interest and stakes in private equity firms in the crisis. CIC took a 10% stake in Blackstone, ADIA acquired 7.5% in the Carlyle Group. Among the highlights … Continue reading

Posted in alternatives, beauty, black swans, cash flows, China, Enskat Associates, information delivery, Latin America, management, Middle East, multi-convergence, private banking, professional fund buyers, SWFs, UCITS, Uncategorized, wealth management | Tagged , , , , , , , , , , , , , , , | Leave a comment

Earnings season: Goldman Sachs with 850b in investment mgmt assets and 8b in net revenues

Leaving aside that Goldman got in trouble for preparing for trouble in the aftermath of Sandy, the firm reported strong quarterly results. 850+ billion in investment management assets, over $8 billion in net revenues, with over $4 billion in institutional … Continue reading

Posted in alternatives, black swans, cash flows, consulting, distribution, E&A, enskat associates, institutions, investment banking, Middle East, multi-convergence, private banking, private equity, professional fund buyers | Tagged , , , , , , , , , , | Leave a comment

Multi-Convergence: Credit Suisse and Qatar SWF create asset mgmt JV

My recent post about CIC showcased how more SWFs – and institutional asset holders overall – are investing directly in specific businesses or partner up with them to launch products. And, as shown below, they do like financial services firms. … Continue reading

Posted in alternatives, apps, beauty, black swans, Brand, cash flows, China, EFAMA, Enskat Associates, information delivery, institutions, Latin America, Middle East, multi-convergence, private banking, professional fund buyers, SWFs, wealth management | Tagged , , , , , , , , , , , , | Leave a comment