Expert opinion on Global Wealth Management
Luxembourg continues to reap Brexit dividends
“Luxembourg certainly plays an important role for global wealth managers,” says former senior private banker Matthias Schulthess. “It offers market access in Europe from a cross-border perspective and select firms have developed a hub and spoke model. They provide product and investment advice across a number of European geographies to complement the local front office efforts”
Private banks will be defined by alternative investment skills
“Private markets are becoming mainstream and, with the help of product specialists and technology, wealth managers are increasingly well-placed to address the demand for advice,” suggests Matthias Schulthess.
Private clients’ growing interest in the moral impact of their money
Matthias Schulthess commented as follows: “will facilitate a dialogue centered around consumer preferences, helping clients implement their world views and choices in the context of investment decisions”
