Managing Wealth In An Uncertain World

Being recognised as one of the world’s safest and most secure bank is also important to clients during volatile times.

Being recognised as one of the world’s safest and most secure bank is also important to clients during volatile times.

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A survey released by insurer AIA earlier this year found that Singapore's affluent are most worried that their investments will not do well in today's economic climate. Among the 3 in 5 who are not confident about creating wealth for the future, almost 3 in 4 said their lack of confidence stemmed from growing concerns as a result of global market volatility and weak economic growth.

Rich Asians tend to be more concerned about volatility than their counterparts in the West. Around 56% of Asia's high net worth individuals (HNWIs) saw global economic uncertainty as one of their leading concerns, compared with 41% of those from the West, according to a study from Royal Bank of Canada Wealth Management. Adding to the ambiguity is the fact that Asia is on the cusp of a historical inter-generational transfer of wealth.

In light of this, the ability of private banks to manage wealth in a volatile macroenvironment has become increasingly important in meeting client needs. This involves being able to analyse and understand how markets are evolving, and positioning investments accordingly. However, being able to do so effectively requires an in-depth knowledge of markets globally and a strong network of relationships on the ground.

Within Asia, DBS Private Bank is able to leverage on the wider DBS Group’s research capabilities to generate the insights required to navigate the rocky road ahead. The bank has invested heavily in its research capabilities. It currently has the widest coverage in Asia, covering more than 700 companies in the region.

DBS Group Research supports all business units within the bank, including those in the wealth management space. It provides relevant insights to the private bank’s relationship managers, enabling them to serve their clients more effectively. It’s process involves combining bottom-up research with an analysis of sectoral and macro themes to identify moneymaking and trading opportunities.

The Equity research team is made up of a network of analysts covering key regional stock markets, while the Credit research team provides investment recommendations on SGD and USD corporate bonds. On the macro front, the bank’s Economics & Macro Strategy team covers currencies, interest rates, and major economies around the world. DBS Group Research has been consistently ranked No. 1 across polls by industry publications AsiaMoney, Greenwich Associates and The Asset.

DBS has also developed innovative solutions to help their clients have greater clarity of key trends that are moving markets. For instance, it offers a data exploration tool known as Brainbox that helps to forecast trends that may impact the investing landscape.

These research capabilities are complemented by DBS’ deep Asian perspective across markets, industries and companies that are a result of the bank’s long history in the region and its presence in key markets.

Being recognised as one of the world’s safest and most secure bank is also important to clients during volatile times. In this regard, DBS leads the competition as the bank was recently named Safest Bank in Asia by Global Finance for the 11th consecutive year.

With no end in sight for the current bout of volatility impacting global markets, Asia’s wealthy are likely to intensify their search for advisors who can help them find a clearer path through the uncertainty ahead.

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Having strong research capabilities is key to a private bank’s ability to help its clients navigate a volatile landscape.

Whether due to the U.S-China trade dispute or technological disruption, the world has been in a constant state of flux in recent years. The uncertain landscape is causing sleepless nights for the Asia’s high net worth segment as they worry about need to protect their wealth for the next generation.

A survey released by insurer AIA earlier this year found that Singapore's affluent are most worried that their investments will not do well in today's economic climate. Among the 3 in 5 who are not confident about creating wealth for the future, almost 3 in 4 said their lack of confidence stemmed from growing concerns as a result of global market volatility and weak economic growth.

Rich Asians tend to be more concerned about volatility than their counterparts in the West. Around 56% of Asia's high net worth individuals (HNWIs) saw global economic uncertainty as one of their leading concerns, compared with 41% of those from the West, according to a study from Royal Bank of Canada Wealth Management. Adding to the ambiguity is the fact that Asia is on the cusp of a historical inter-generational transfer of wealth.

In light of this, the ability of private banks to manage wealth in a volatile macroenvironment has become increasingly important in meeting client needs. This involves being able to analyse and understand how markets are evolving, and positioning investments accordingly. However, being able to do so effectively requires an in-depth knowledge of markets globally and a strong network of relationships on the ground.

Within Asia, DBS Private Bank is able to leverage on the wider DBS Group’s research capabilities to generate the insights required to navigate the rocky road ahead. The bank has invested heavily in its research capabilities. It currently has the widest coverage in Asia, covering more than 700 companies in the region.

DBS Group Research supports all business units within the bank, including those in the wealth management space. It provides relevant insights to the private bank’s relationship managers, enabling them to serve their clients more effectively. It’s process involves combining bottom-up research with an analysis of sectoral and macro themes to identify moneymaking and trading opportunities.

The Equity research team is made up of a network of analysts covering key regional stock markets, while the Credit research team provides investment recommendations on SGD and USD corporate bonds. On the macro front, the bank’s Economics & Macro Strategy team covers currencies, interest rates, and major economies around the world. DBS Group Research has been consistently ranked No. 1 across polls by industry publications AsiaMoney, Greenwich Associates and The Asset.

DBS has also developed innovative solutions to help their clients have greater clarity of key trends that are moving markets. For instance, it offers a data exploration tool known as Brainbox that helps to forecast trends that may impact the investing landscape.

These research capabilities are complemented by DBS’ deep Asian perspective across markets, industries and companies that are a result of the bank’s long history in the region and its presence in key markets.

Being recognised as one of the world’s safest and most secure bank is also important to clients during volatile times. In this regard, DBS leads the competition as the bank was recently named Safest Bank in Asia by Global Finance for the 11th consecutive year.

With no end in sight for the current bout of volatility impacting global markets, Asia’s wealthy are likely to intensify their search for advisors who can help them find a clearer path through the uncertainty ahead.

DBS, a leading financial services group headquartered in Singapore, operates across 18 markets. We are a bank born and bred in Asia, with a growing presence in Southeast...