Thu, Oct 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Strategic Insight finds growth for passive funds, private banks in Asia and funds over managed accounts

Thursday, June 16, 2011
In a new research study, Spotlight on Switzerland: Funds, Flows, Wealth Management, and West-to-East, Daniel Enskat, Head of Global Consulting for Strategic Insight, states that “Switzerland, despite some unwanted public attention since the financial crisis, remains instrumental for the global asset management industry: as a private banking hub, for advisory and investment solutions, to identify upcoming product trends, and as a link between West and East.”

According to Strategic Insight data, total assets under management in Switzerland have grown by 30% since the height of the global financial crisis in December 2008. States Enskat: “Net flows to long-term funds in 2010 reached $25 billion, three times higher than in 2009, and 25% higher than pre-crisis in 2007, with equity funds in Switzerland attracting 57% of all long-term industry flows from 2008 through Q1/2011, mostly to passive funds.”

He added, “FATCA and the newly proposed Swiss banking rules could impact how and where Swiss private banks collect and manage client assets. The data shows most growth for Swiss private banks coming from Asia Pacific and emerging markets of late, along with opportunities in new client segments.”

Source

Press release
bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t