UBS man connected to Baer hot seat
Veteran private banker Jürg Zeltner, UBS’s wealth management chief excluding North America, has been touted as Boris Collardi’s successor as chief executive of Julius Baer.
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Veteran private banker Jürg Zeltner, UBS’s wealth management chief excluding North America, has been touted as Boris Collardi’s successor as chief executive of Julius Baer.
High-profile chief executive Boris Collardi is switching Swiss banks, quitting Julius Baer for arch rivals Pictet.
Governance is the most important factor in ESG investing, says Marc-Oliver Buffle, Geneva-based senior product specialist at Pictet Asset Management. But can you really screen for it?
Pictet AM’s chief strategist Luca Paolini tried to redefine the concept of a market correction this week, urging investors to take advantage of a 2% fall in asset prices to “rebuild positions in riskier assets”.
Emerging market equities and bonds have outperformed their developed rivals by a large margin year-to-date, resulting in a surge in inflows. An acceleration in global growth and the absence of immediate macro concerns seem to underpin the current rally, but there are some obvious elephants in the room.
Aberdeen Asset Management has appointed a chief operating officer for Asia Pacific, while Old Mutual Wealth has named a chief financial officer, tasked with driving forward the company’s planned demerger. Pictet Asset Management has a new head of UK intermediaries.
Pictet Asset Management makes two new hires, bolstering its Hong Kong multi-asset team and its UK distribution business while Intertrust Jersey announces a round of promotions. Nucleus appoints a technology stalwart to its board of directors as Sandaire poaches an ex-Tilney man.
The expensive valuations of US equities have made Luca Paolini, Pictet Asset Management’s London-based chief strategist, urge investors to be very cautious.
Pictet has launched a robotics-themed fund, which is tied to cyclicality and capex spending and linked to a country’s economic health, according to Peter Lingen, the asset manager’s Geneva-based senior manager for thematic equities.
Here are the Hong Kong winners of Fund Selector Asia’s third annual fund management awards.
Pictet Asset Management has added a long/short global equity fund to its total return range.
The dollar has rallied in recent days as investors believe stronger US GDP growth and Fed rate hikes will push the greenback up. But markets are ignoring the forces that are likely to drag the dollar down in the longer term.