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Model portfolios finally become key cog in US advice market
Industry has had a ‘slow and steady transition’ towards it being financial planning-oriented
ETF demand rises across Asia
Competition among asset managers to cut the total fees of exchange-traded funds is ‘intensifying’
US wealth transfers to hit $84.4trn by 2045
Advisers need to be ‘open to evolving’ and ‘prepared for changes to their business models’
ESG products gain popularity in Asia
Improved performance has attracted more retail investors in the region
By Michelle Ng
Retail investors make foray into European private asset space
It has been traditionally available only to institutional players