PRIVATE BANKS

The Private Banks Knowledge Center offers a wealth of information regarding managing your customer relationships, money and your business.

• May

  10

  2013

  Podcast: May 2013 Federal Open Market Committee

  A complete 180-degree turn is the sentiment of recent comments from both individuals within the FOMC and market pundits. Earlier in the year, there were discussions about the possibility of an earlier-than-expected halt to the current quantitative easing measures or, at a minimum, a scaling back of security purchase program that the FOMC is currently involved in. At this point, we maintain the view that the economy will continue to grow, but at the current tepid pace.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• May

  10

  2013

  Podcast: April 2013 Payroll Report

  The labor market continues to face multiple headwinds as we move into the second quarter. Budget cuts, tax increases and general softening of economic data all have the potential to weigh down growth. In this environment, companies are likely to scale back their hiring initiatives until they get a better feel for the economic landscape. April’s labor data should provide reason to believe that the sector is growing. The problem is not growth; it’s the pace of growth.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• May

  10

  2013

  April 2013 Market and Performance Commentary

  Japan hit the headlines by announcing dramatic quantitative-easing initiatives. Global equity and fixed-income markets both experienced gains, although equities maintained their edge. The appetite for risk continued within fixed income, favoring emerging-market debt and high-yield bonds.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• May

  2

  2013

  Futurewealth Report Part 4: The Digital Future of Client Relationships

  Futurewealthy clients like brands that deliver innovation as well as superior quality, experience and the personal touch. Firms that have embraced the multi-faceted nature of digital relationships today have created new opportunities to influence the Futurewealthy, according to the latest research.

  [... More]
  Article Types:Knowledge Center,Audience:Client,Audience:Partner,Audience:Press,Audience:Prospect,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Categories:Private Banking.Managing Money,Categories:Private Banking.Managing Your Business,Content Types:White Paper
• Apr

  22

  2013

  Gold—Burst Bubble, or Pause that Refreshes?

  Less than two years removed from the most recent leg up of its long bull run, gold suffered a vicious two-day sell off. Debate is now raging over whether gold was a bubble due to burst or presents a long-term buying opportunity. Because gold plays a very limited role in our portfolios, we rarely comment on it. However, there are some interesting lessons to draw from the episode.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Apr

  15

  2013

  First Quarter 2013 Market and Performance Update

  After an optimistic January, the mood in February and March was more downcast. Global equity markets held up well amidst the bad news in the quarter and outperformed the fixed income market. Risk appetite was apparent in the global fixed income markets and high yield bonds set the pace.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Apr

  12

  2013

  Podcast: March 2013 Payroll Report

  A stronger employment picture is the foundation for a stronger economy, helping build the confidence of consumers who will then spend money and fuel the economy. Steady job-market growth has crept in, but is it taking hold? The March non-farm employment data release was a disappointment to the markets and a step backwards. April’s payroll number will now be that much more important for those of us looking to see if today’s number is a one-off to the softer side or the start of a new trend.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Apr

  3

  2013

  Economic Outlook: Investors Keep Calm and Carry On

  Although Europe is a mess, the U.S. markets keep growing. Can the growth continue? While past performance is no guarantee of future results, there are some signs that the answer is “yes.”   

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Mar

  23

  2013

  Podcast: February 2013 Payroll Podcast

  Similar to watching the ball drop on New Year’s Eve, the countdown looking ahead to this month’s release of the employment picture began shortly after the release of January’s payroll data last month. We are all aware that the labor market is the backbone of economic growth. A stronger employment picture helps build confidence with consumers who will, in turn, continue to spend money and fuel the economy. Are current labor market forecasts too optimistic?  

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Mar

  20

  2013

  The Crisis in Cyprus? The Real Fear is Pandora’s Box

  The proposed bailout for the small European nation of Cyprus has caused a great deal of controversy. While Cyprus is not relevant to global economic performance, the failed proposal to raid bank accounts cracks the lid to Pandora’s box, raising questions about the potential for a eurozone-wide bank panic.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Mar

  18

  2013

  February 2013 Monthly Commentary

  After an optimistic January, the mood in February was more downcast. Major central banks remained commodative in an effort to help stimulate growth. Global financial markets declined marginally. Risk appetite in fixed-income markets continued to expand, while demand for risk within equities was more muted.

  [... More]
  Article Types:Knowledge Center,Audience:Client,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Mar

  14

  2013

  Interest Rates: Creeping Higher

  Interest rates and bond yields are at multi-generational lows and are expected to trend higher over the next few years. When they occur, SEI believes the rate hikes will be gradual, rather than sudden. Because our bond funds generally have shorter duration and higher yield characteristics than corresponding benchmarks, we believe they are relatively well-positioned for a moderately paced rise in interest rates.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  28

  2013

  Futurewealth Report Part 3: Helpful Investment Technologies

  The Futurewealthy are putting themselves at the forefront of the technology revolution. According to the findings in the third paper of the 4-part series, Helpful Investment Technologies, investment technology should not only be safe and practical, it should also be informative, intelligent, and state-of-the-art.

  [... More]
  Article Types:Featured,Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Categories:Private Banking.Managing Your Business,Content Types:White Paper
• Feb

  27

  2013

  "Sequestration"—Is the Sky About to Fall?

  Some $85 billion worth of federal spending cuts are expected to take effect on March 1. While this looks like a large number, it amounts to only 2.4% of the federal budget and 0.5% of the U.S. economy. SEI sees no reason to adjust our investment strategies based on the potential impact of sequestration.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  20

  2013

  January 2013 Monthly Commentary

  2012 ended on a positive note and this sentiment extended into and throughout January.  Major central banks remained accommodative in an effort to help stimulate growth. Global equities experienced respectable gains for the month as investor sentiment remained buoyed, while global bonds declined marginally. Risk appetite in the financial markets was high.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  11

  2013

  Strong Momentum and Elevated Sentiment

  Stock markets started 2013 with a bang, which could bode well for full-year returns. We are cautious at the moment, as investor sentiment appears to be somewhat stretched. However, we believe that the underlying economic fundamentals validate the optimism reflected in stock prices.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Jan

  31

  2013

  Podcast: January 2013 Federal Open Market Committee

  With the start of the year, market participants and investors alike created new goals and hopes for a prosperous 2013. After a volatile 2012, the hopes and expectations for FOMC activity in 2013 may turn out to be very similar in fashion. There is ongoing debate about when the Committee will end its asset purchase program. Unfortunately, there is not a simple answer to this question.

  Investors held mixed expectations for the January FOMC meeting. To us, the bottom line is that everyone was looking for clarity around the Committee’s view on the economy, and the sustainability and outlook for additional purchases of Treasury and mortgage securities.

   

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Jan

  17

  2013

  Video: Q4 2012 Global Economic Market Review

  Looking back at 2012, the ongoing financial crisis in Europe and political strife in the U.S. dominated the headlines and set a negative tone. Fortunately, the results from the financial markets were significantly better than the sentiment. Financials, Consumer Discretionary, Industrials and Materials drove gains for the quarter while Utilities, Energy, IT and Telecommunications struggled. For the year, all sectors posted gains with Financials and Consumer Discretionary again setting the pace. Our outlook for 2013 remains balanced and modestly positive.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Video
• Jan

  16

  2013

  Fourth Quarter Market and Performance Update

  Investor focus switched from the U.S. elections to the looming “fiscal cliff” and ongoing worries surrounding the fate of the eurozone. Major central banks once again remained accommodative in an effort to help stimulate growth. Global equities experienced respectable gains for the quarter as investor sentiment improved, while global bonds declined marginally. Equities outperformed fixed-income securities for the period as a whole.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Jan

  15

  2013

  Video: 2013 Economic Outlook

  Jim Solloway, CFA, Managing Director of SEI's Portfolio Strategy Group, shares SEI's perspectives on the economy and our global economic outlook for 2013.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Video
• Jan

  15

  2013

  Futurewealth Report Part 2: Stepping into the Communication Age

  According to the findings in the second paper of the 4-part Futurewealth series, Stepping into the communication age, individuals with more than $4 million expect to be using a broad range of digital communications with their financial providers going forward.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Practice Management,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Categories:Private Banking.Managing Your Business,Content Types:White Paper
• Jan

  8

  2013

  Podcast: December 2012 Payroll Report

  The December payroll report provided another month of gains for the sector. Most investors and market participants were expecting an increase despite all of the uncertainty surrounding the fiscal cliff and the ensuing budget deal. At 155,000 jobs, the report fell right in line with the consensus average. The steady increase of jobs indicates the labor market may be gaining traction and pieces are lining up nicely for additional hiring in 2013, which should help the economy continue to grow.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Jan

  2

  2013

  Markets Climb a Cliff of Worry

  Despite all the political and economic uncertainties in the world, financial assets registered robust gains in 2012. We expect 2013 to be characterized by improved global economic growth, less financial-market volatility in Europe and some calming of the political waters in the U.S. and elsewhere. While this should be good news for equity markets, we strongly believe that the 30-year secular bull market in bonds is drawing to a close.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Jan

  2

  2013

  The Fiscal Cliff: A Deal of Sorts

  Despite the partial solution, we view the progress as a positive sign and (from an asset allocation perspective) plan to take a more aggressive, pro-cyclical stance in favor of equities as a result.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Dec

  21

  2012

  Fiscal Cliff Update—Things Are Getting Messy

  For about a month, markets have seemed fairly confident that politicians would prevent the U.S. economy from tipping over the fiscal cliff. Risky assets have performed well during that time, while yields on perceived safe havens like U.S. Treasurys have been rising. The markets’ sanguine view may be changing, however, as the outlook in Washington has suddenly become quite unsettled.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Dec

  18

  2012

  November 2012 Market and Performance Update

  Investor focus remained on the looming “fiscal cliff” in the U.S. and on ongoing worries surrounding the fate of the eurozone in November. Major central banks once again remained accommodative in an effort to help stimulate growth. 

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Dec

  11

  2012

  Podcast: November 2012 Payroll Report

  November’s nonfarm payroll report provided a glass-half-full scenario. Most investors and market participants were expecting only a slight increase in job creation due to the damage Superstorm Sandy did to the East Coast. The consensus estimate was low, at 85,000. The actual outcome painted a completely different picture, with a gain of 147,000 jobs that can be entirely attributed to the private sector. This improvement combined with those leaving the workforce lowered the unemployment rate to 7.7% from 7.9%.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Nov

  27

  2012

  Futurewealth Report Part 1: The Digital World of the Futurewealthy

  The ongoing Futurewealth Project undertaken by Scorpio Partnership and co-sponsored by SEI — a long-term initiative that began in 2009 — is designed to uncover the attitudes and aspirations of wealth creators around the world. According to the findings revealed in the first paper, The Digital World of the Futurewealthy, the world's wealthy appreciate the value of innovation in wealth management and are users of the latest technology. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Content Types:White Paper
• Nov

  27

  2012

  Fiscal Cliff--We May Not Dive Off, But We're Not Climbing Either

  A series of large spending cuts and tax increases, collectively referred to as the “fiscal cliff,” are set to kick in on January 1, 2013. If they do, they could tip the U.S. economy into recession. SEI believes U.S. legislators will find a way to avoid the worst-case scenario, possibly delaying automatic actions in order to give politicians more time to negotiate a compromise.

  [... More]
  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Nov

  20

  2012

  October 2012 Market and Performance Update

  In October, focus remained on Europe, the upcoming U.S. elections and slowing growth in China. Leading central banks remained accommodative in October as part of continued efforts to help stimulate global growth. Global equities and bonds both experienced losses for the month, with fixed income performing marginally better, as investor sentiment waned. Within fixed income, emerging-market debt and high-yield bonds did best. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Nov

  19

  2012

  Video: Global Market Review

  So far this year, despite an environment fraught with uncertainty, investors have had a generally positive experience. In this video presentation, Russ Ewing looks back at the factors that have impacted financial market so far in 2012 and discusses the issues that will impact investors through the remainder of the year. [... More]

  Article Types:Knowledge Center,Audience:Client,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Investment Management,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Video
• Nov

  11

  2012

  Noise, News and Investment Strategy

  The headline news is currently filled with an overwhelming volume of scary, negative stories. Investment professionals often refer to this as “noise.” Rather than providing insight or direction, the net effect is often to simply cause investors to want to take action. Understanding the news behind the noise is the key to making intelligent investment decisions that match your investment objectives regardless of the current environment. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Nov

  8

  2012

  U.S. Election Results: Similar Configuration, Same Challenges

  After a long, gruelling and occasionally bitter campaign, Election Day in the U.S. has finally come and gone. President Obama won re-election, the Democratic Party added marginally to its majority in the Senate, and the Republican Party retained control of the House of Representatives. The immediate political challenges facing the country—most notably the “fiscal cliff,” a package of federal tax hikes and spending cuts scheduled to occur early in 2013—have been apparent for over a year. The divided government must address long-term budget concerns without derailing a multi-year but still-fragile economic recovery. How effectively the President and current or subsequent Congress deal with these challenges remains to be seen. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Oct

  18

  2012

  Third Quarter 2012 Market and Performance Update

  The financial markets were once again dominated by events in Europe and concerns about the global economic outlook, but central bank actions helped to bolster investor sentiment. Market activity and trading volumes slowed at mid-quarter due to the summer holidays, pushing volatility to lows unseen for several years. Global equities and bonds both experienced gains in the quarter, with equities pulling ahead as riskier assets returned to favor. Within fixed income, emerging market debt and high-yield bonds did best. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Oct

  2

  2012

  Economic Outlook: Central Banks to the Rescue

  The Global Portfolio Strategies Group recently released its third-quarter 2012 Economic Outlook. Risky assets surged during the third quarter, building upon a rally that started in early June. Some of the strongest-performing markets had been among the worst performers for the better part of this year and last. Much has gone right in Europe over the past few months. Periphery countries have shown a greater willingness to work with the European Central Bank (ECB), which has stepped in as the lender of last resort in the eurozone. Much work remains to be done and an eventual Greek exit from the eurozone still seems likely in our view. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Sep

  19

  2012

  August 2012 Market and Performance Update

  Summer holidays meant a quiet month as market activity and trading volumes slowed. Riskier assets came back into favor thanks to stronger support from central banks. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Aug

  17

  2012

  July 2012 Market Update

  A degree of calm returned to the financial markets in July, but disappointing economic data ensured a subdued mood. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Aug

  3

  2012

  Podcast: July 2012 Payroll Report

  July’s labor data was not a game changer in our minds, but it was a step in the right direction. For a second month in a row, market participants were very optimistic leading up to the release of the report, as jobless claims had continued to point to a stabilizing labor market. The July ADP report, released two days earlier, sparked optimism with a strong print of 163,000 private sector jobs following June’s increase of 172,000. Overall, the labor market is stabilizing and in some cases showing signs of modest growth. However, stronger sustained growth is what is needed to shore up consumer confidence and reduce the unemployment rate. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Jul

  18

  2012

  Second Quarter 2012 Market and Performance Update

  Optimism turned sour in April and reached panic levels in May when concerns about economic and political problems in the eurozone resurfaced with a vengeance. Events surrounding the French and Greek elections led to increased uncertainty, as did the deepening eurozone debt crisis when troubles in Spain and Italy hit the headlines. Economic data released during this time painted an uncertain picture and seemed to indicate a pause in global economic growth. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• May

  29

  2012

  Big Divergences, Still Looking for a Catalyst

  May has been a challenging month for investors, with government debt fears, bank stresses and political upheaval in Europe causing renewed pessimism and another broad flight to safety. As a result, relative valuations have become quite stretched between U.S. equities and stock markets in Europe and emerging markets. While some indicators are inspiring a bit of optimism, we are maintaining our current positioning as we look out for potential catalysts. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Apr

  18

  2012

  First Quarter 2012 Market and Performance Update

  Investor confidence received a boost from continued central bank support in the U.S. and eurozone. Equity markets gained, with risky assets among the strongest performers. Bond market performance was held back by waning demand for government debt. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Apr

  12

  2012

  Podcast: March 2012 Macro Summary View

  March went out like a lamb, but markets roared all the way through, ending the month and quarter strongly. The equity market had its best first quarter since 1998, as the S&P 500 returned 12.56%. Whether it is sterilized quantitative easing or Operation Twist, there is no denying that the Federal Reserve, or Fed, has been engaged. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Apr

  12

  2012

  Podcast: March 2012 Payroll Report

  The March nonfarm payroll number came in at 120,000 jobs created, which was well below the consensus expectation of 205,000. This was the first report for the year in which the data was below the estimate. And was also the lowest reading since October 2011. The bottom line: U.S. hiring continues to increase, albeit at a slower pace. Confidence within the labor market remains solid, but will start to come into question if data continues to show signs of softening. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Podcast
• Apr

  9

  2012

  Video: Outlook on Inflation 2012

  Inflation is becoming a growing concern for investors. In the U.S. the Consumer Price Index (CPI) has fluctuated in a wide range over the past decade, and currently is running at a rate of 2.3%, slightly above the announced inflation target of the Federal Reserve. The consensus view of economists calls for a rapid moderation in headline CPI inflation. In SEI’s opinion, this forecast is optimistic. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Video
• Mar

  27

  2012

  Making Sense Out of Conflicting Viewpoints

  In an industry in which people are paid to make investment decisions based on their personal points of view, everybody has an opinion. Determining the sources of varying outlooks can help you provide clients with the perspective that’s most relevant to them and their portfolios. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Financial Insights,Content Types:Commentary
• Mar

  5

  2012

  Is Iran About to Receive a SWIFT Kick?

  While many analysts are concerned about the possibility of military conflict between Iran and the West over the former’s nuclear ambitions, economic and financial sanctions against Iran continue to escalate. SEI is monitoring the situation from a market-risk perspective, as increased risk might influence active asset allocation and portfolio construction decisions. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  14

  2012

  Commentary: The Five Stages of Greece

  Consistent with the Five Stages of Grief model, we believe that the ‘fifth stage of Greece’ will involve acceptance, by the troika and Greece and that the latter must depart from the single-currency union. We do not believe that departures by Greece or other periphery nations will lead to the collapse of the eurozone, however. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  14

  2012

  Video: January 2012 Macro Summary View

  2012 commenced with expectations of stronger economic growth. January’s economic calendar showed that momentum was slowing despite pockets of strength. The first read of fourth-quarter gross domestic product showed an increase of 2.8%. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Video
• Feb

  9

  2012

  Podcast: January 2012 Payroll Report

  January’s non-farm payroll number came in above expectations at 243,000, proving to be a very strong report for the start of the year after consensus estimates called for the addition of 140,000 jobs. Companies are gaining confidence, as reflected in recent labor data, and the encouraging news is being driven by overall growth within most sectors. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Podcast
• Jan

  16

  2012

  The Future Wealth Report: A Client Revolution

  As part of SEI's commitment to delivering solutions that are both relevant and innovative, today and tomorrow, we are proud to be a partner on the Futurewealth Project. This project is creating a very unique body of empirical research on the global high-net-worth individual investor market. [... More]

  Article Types:Knowledge Center,Audience:Client,Audience:Press,Audience:Prospect,Categories:Private Banking
• Sep

  13

  2011

  The Relationship Business: Expect the Unexpected

  At its heart, wealth management is a service business built on the power of personal relationships. According to SEI sponsored research, investor perception of the client-manager relationship entails far more than just the one-on-one interaction with their wealth managers [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Content Types:White Paper
• Aug

  15

  2011

  A Brief History of Market Turbulence

  Economic and financial crises have been a regular feature of monetary economies throughout history. While no two have been exactly alike, they tend to share some common characteristics. Read about some key lessons that investors can take away from such comparisons. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Aug

  2

  2011

  Implications of a U.S. Debt Ceiling Agreement

  An agreement to raise the debt ceiling and avoid a default is a welcome development. However, this simply (1) averts an immediate crisis and (2) creates the time and space necessary for Congress to (hopefully) make some rather difficult decisions regarding federal spending and revenue. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Jun

  20

  2011

  U.S. Credit Downgrade: How Would It Impact Fixed Income Investors?

  In recent weeks, major credit rating agencies have expressed renewed concern over the financial outlook for the U.S., perhaps eventually losing its AAA rating. What are the implications for investors? [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Jun

  1

  2011

  U.S. Equities: Few Repeat Winners/Losers When Inflation Rises

  In spite of media-stoked fears of rising inflation, SEI does not view inflation as a near-term threat. For U.S. equities, recent periods of rising inflation have not resulted in clear-cut winners and losers. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• May

  24

  2011

  Understanding the Mindset of Today’s Investor: Embrace Change and Become the Trusted Advisor

  The balance of power has shifted. The economic downturn and financial crisis continue to exert tremendous pressure, leaving investors holding the cards. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Categories:Private Banking.Managing Money,Categories:Private Banking.Managing Your Business,Content Types:Commentary,Content Types:Presentation
• May

  5

  2011

  Objectivity and the Client Experience

  Clients place great importance on their wealth manager's ability to listen to them and gain a deep understanding of their needs. What does objectivity really mean? How can wealth managers communicate objectivity to their clients? [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Content Types:Commentary
• Apr

  7

  2011

  Independence: The Right Standard?

  The financial crisis left lasting effects on the wealth management industry. Today's investors expect more from their wealth managers than ever before. What impacts do their increasing demands have on your business? [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Content Types:Commentary
• Apr

  5

  2011

  Quarterly Economic Outlook: Moving Ahead Despite the Challenges

  There is no denying that the first quarter was a harrowing one. Yet, with the main exceptions of Japanese and emerging-market equities, financial markets have managed through the bad news. This impressive resiliency can be attributed to the underlying strength of the global economy. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Mar

  25

  2011

  The Futurewealth Report: The Essence of Success

  SEI has joined the Futurewealth project, dedicated to empirical research on the global high-net-worth individual investor market. The Futurewealth Report captures insight from 1,800 high-net-worth (HNW) individuals who are on the fast track to generating wealth, and identifies what it takes to be financially successful. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Content Types:Commentary
• Mar

  16

  2011

  Video: Oil, Water, Food and Money - An Economic View of Political Tensions in the Middle East

  In February, political turmoil in Egypt led to the temporary closure of that country's stock market and banking system. Unrest in other countries in the region has raised questions about the implications for financial markets. This video explores the potential impact of this political tension on the supply of oil and food, as well as the impact on the global financial system. [... More]

  Article Types:Knowledge Center,Audience:Client,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary,Content Types:Video
• Mar

  16

  2011

  Japan: Too Early to Tell

  Japan, the third-largest economy in the world, has endured earthquakes, a tsunami and multiple nuclear reactor failures. The long-term downstream consequences will not be clear for quite some time. Gross domestic product (GDP) will be negatively impacted in the short term, but rebuilding should help economic activity rebound. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  25

  2011

  It’s All About the Oil: A View of Events in Libya

  The ousting of Tunisia’s President Zine al-Abidine Ben Ali on January 14 was the first domino to fall in a series of uprisings in Africa and the Middle East. The protests were largely a sideshow for the financial markets…until Libya exploded. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Feb

  10

  2011

  Oil, Water, Food and Money: A Macro View of Political Tensions

  Ongoing political turmoil in Egypt led to the temporary closure of that country’s stock market and banking system. The market is expected to remain closed until the week of February 13, while banks reopened on Sunday, February 6. A run on Egypt’s currency or debt would cause considerable harm to its economy and financial system. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Dec

  16

  2010

  Tackling Transparency

  Tackling Transparency is the first in a series of five articles about the lasting effects the financial crisis has had on the wealth management industry. What does transparency truly means to your clients? Find out how to focus on the quality, not the quantity, of your reporting. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Private Banking,Categories:Private Banking.Managing Customer Relationships,Content Types:Commentary
• Oct

  5

  2010

  Comparing Recessions: U.S. "Great Recession" vs. Japanese "Lost Decade"

  A spate of economic data raised concerns that the U.S. economy is facing a “lost decade” like the one Japan experienced from 1991-2001. While we see similarities, a closer look reveals significant differences which we believe ultimately render them uncomparable. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Jun

  3

  2010

  Investment Update: Why U.S. Investors Should Care About the Euro

  Why should U.S. investors care about the sovereign debt troubles of Greece and other European countries? These issues can have a significant impact on domestic investments. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Investment Management,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• May

  7

  2010

  An Update on the Greek Sovereign Debt Crisis

  In the past few weeks, concerns about whether or not Greece will default on payments related to its sovereign debt have reached a fever pitch. The Dow Jones Industrial Average plunged nearly 1,000 points before recovering significantly, ending the day down just over 300 points. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Mar

  13

  2009

  Stimulus Package: An Overview and Outlook

  At the present time, we see nothing in the stimulus package that would lead to changes in our asset allocation recommendations. Active managers can be expected to find opportunities in this environment. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Advisor,Categories:Advisor.Investments,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Categories:Wealth,Categories:Wealth.Market and Economy,Content Types:Commentary
• Dec

  10

  2008

  Commentary: A Brief History of US Economic Crises: 1929 - Present

  While no two economic crises have been alike, one factor that they share is that they have all ultimately ushered in a new age of economic growth and prosperity of varying length—hopefully with many lessons learned. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Content Types:Commentary
• Oct

  27

  2008

  Commentary: Presidential Elections and the Stock Market

  As volatile as the markets and economy have been, investors wonder what a victory for either candidate might mean to them financially. While that is nearly impossible to predict with any sense of certainty, history can tell us a great deal about how the equity markets have reacted post election. [... More]

  Article Types:Knowledge Center,Audience:Prospect,Categories:Institutions,Categories:Institutions.Markets and Economy,Categories:Private Banking,Categories:Private Banking.Managing Money,Content Types:Commentary