Professional Wealth Managementt

By PWM Editor

“During the past month, our balanced portfolio suffered from our equity exposure due to the recent market correction. Our positions taken on European equities, as well as corporate/emerging high yield bonds, contributed negatively to performance. This was mainly due to the fall in Chinese equities after news on brokerage’s tax increase. Fortunately, in this context, our holding on Japanese and Asian equities appeared resilient. Thus, we decided to increase our stake on Japan convinced by strong fundamentals and supportive momentum.”

 

Already registered? Sign in here to access content now.

 

To read PWM content for free, register now by completing a short form.

 

Registered users benefit from:

  • Full access to all articles, videos and podcasts
  • E-newsletters featuring the latest content
  • Coverage of the latest opportunities, challenges, game-changing regulations and competing markets
  • Bespoke PWM research: sub-advisory, asset allocation, Global Private Banking Awards, Wealth Tech Awards