In the current climate, many institutional investors are finding it tough to achieve the stable, long-term returns they want from their traditional equity/fixed income allocations.
ADIA’s returns fell to the lowest since it began reporting in 2008.Still, the fund almost matched the performance of the S&P 500 stock index, which had an average annualized return of about 5.6% over the past 20 years.
Traditional investment funds function as a collective investment structure – they are simply a vehicle for a range of investors to pool their money together and invest in a project, or multiple projects.
So how should our industry respond? By listening to what the new generation wants and, crucially, resisting the temptation to adopt a ‘one size fits all’ approach.
Although Coutts is the eighth oldest bank in the world, make no mistake: much like the artwork that adorns the airy London offices, its approach to client services in 2019 is resoundingly modern.
What’s more, the restructuring that Deutsche Bank is implementing by cutting 18.000 jobs creates further uncertainty, Lemoisson said.