Helping Asian Wealth Management Communities interact

What’s the future of Discretionary and Advisory Portfolio Management? - Jean-Louis Nakamura

Jump to section:

1. What’s the future of Discretionary and Advisory Portfolio Management?

Video transcript

1. What’s the future of Discretionary and Advisory Portfolio Management?

I think the future is to find the right balance between DPM which has to stand for a form of discipline in our clients' portfolios, and you know, the permanent needs to need to remind them that they need to stick to a discipline, and they need to remain invested out of any emotional trap that will drive them away from being longer financial assets, and the advisory which is more a way to attract them in the short run, to keep them motivated, to keep them on track with the mood of the market, but also in a way that they would not lose this discipline of DPM. So again, trying to find the right track between discipline and fun, between discipline and entitlement, without jeopardising the overall value and performance of your overall financial assets, is probably the key. It's not easy, but it is where I believe private banks need to move positively to put their client in the right balance between, again, discipline, which has to remain the strong part, and pleasure, entitlement, through advisory, through market mood and through views and the feeling that you can make easy money in a short way.

More videos from Jean-Louis Nakamura, Lombard Odier

Latest Articles

Latest News