Helping Asian Wealth Management Communities interact

Investment Solutions Forum 2019 HK - Highlights - Donald Amstad

Jump to section:

1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

The biggest challenge facing investors globally is uncertainty. And what is new about uncertainty is that it's not just financial and economic, it's now political. And frankly this political uncertainty is going to remain with us until we know the results of the US presidential election in November next year. So, in terms of what that means for CEOs of companies - they don't know where to invest and I, frankly, think that many CIOs of investment companies don't know where to invest. Equity prices are high and bond deals are low. So, the one way that we can overcome that uncertainty is to offer certainty, and investors can get that certainty by buying fixed maturity products. In Asia, many private banks are turning to these products because they offer their clients certainty in this age of uncertainty.