Nothing in wealth management changes quickly. That’s not the point. It is a business that needs to offer continuity to clients, particularly in such a volatile environment.
But change does happen, evolution takes place and at Wealth Manager we work hard to understand that evolution.
One area where we believe behaviour is changing among the wealth management profession is the use of beta-based products such as exchange traded funds (ETFs), structured products and multi-asset funds that are underpinned by beta positions.
We're calling this development Smart Beta, and here Wealth Manager's Charlie Parker provides a succinct guide to what exactly our new section entails.