Global private banks saw an average increase in inflows of 23.7% last year, driving industry AUM to $18.5 trillion, finds Scorpio Partnership. But the top 20 are pulling away.
Structural change at Pictet and Lombard Odier to corporate partnerships underlines a new reality for Swiss banks. And about time too, says Scorpio Partnership.
Given regional fragmentation and toppy prices, wealth managers have grown cautious over Asia M&A. That will see valuations settle and lead to tailored consolidation, finds Scorpio Partnership.
Scorpio considers the future shape of the wealth industry, its evolving relationship with investment banking and the potential impact of the UK’s Vickers Report.
Effective brand strategies are critical to success, increasingly so in China. Scorpio Partnership highlights five steps that wealth managers use to create a positive impression.