Awards for Distinction 2014 – External Asset Managers’ Choice


AFD2014_Best Private Bank - External Asset Managers' Choice

Julius Baer

Yves-Robert Charrue

Yves Robert-Charrue
Head, Independent Asset Managers and Global Custody
Bank Julius Baer

David Reymond

David Reymond
Head, Independent Asset Managers and Global Custody, Asia Pacific
Bank Julius Baer

Pamela Phua

Pamela Phua
Head, Independent Asset Managers and Global Custody, North Asia
Bank Julius Baer

The external asset manager (EAM) industry was in its infancy at the time Asian Private Banker conferred the first award for Best Private Bank – External Asset Managers’ Choice in 2010. Since then, the landscape for EAMs in Asia has changed dramatically – several sophisticated models have replaced the business’ ad hoc nature of the early years. As a result, this distinct client group’s demands of its private banking partners have also changed almost beyond recognition. Today, Asia’s EAMs value a cross-pollination of ideas above credit lines and seamless execution over lowest price. In spite of this evolution, the single most important criterion for this award remains irrefutably unchanged; aspirants must have a complete understanding of, and devotedness to, the EAM industry.

One bank has consistently ‎proved its commitment to EAMs, developing a platform dedicated to a segment that few other private banks in Asia have, until recently, fully recognised. Not surprisingly then, Julius Baer has been voted by this very community as their private bank of choice for a third year.

In previous years, EAMs from Hong Kong and Singapore elected Julius Baer as their pre-eminent partner on the basis of its “quality of service, for EAMs and clients, all the way from the top to the bottom.” Indeed, as one of the only private banks to have its EAM business represented on its global board, Julius Baer continues to prove its abiding dedication to serving EAMs.

Whilst reiterating the value of this commitment, EAMs this year also acknowledged the bank’s “access to best-in-class ideas and technology,” as well as its ability to “cross-link managers, ideas, and money” across well-established markets like Switzerland, the UK, and Asia.

Further demonstrating its ability to engage with the community, an industry report, commissioned by the bank and published in 2014, has rapidly become the benchmark for the industry; clients and competitors alike reference the quantitative and qualitative findings of the exhaustive study when estimating the size of the industry in Asia.

Asian Private Banker has recognised these facts and weighed them with the feedback it has received from the region’s EAMs. Together, both provide undisputed evidence that Julius Baer is the most deserving winner of the award for Best Private Bank – External Asset Managers’ Choice in 2014.