Leading global private banks 2022, by assets under management
The statistic presents leading private banks worldwide in 2022, by assets under management. UBS led the ranking in that year, with managed assets amounting to approximately 3.9 trillion U.S. dollars.
Private banks – additional information
Private banking refers primarily to financial and investment services offered by banks to their high net worth clients. The conventional value of net worth needed for a person to be qualified as HNW individual is one million U.S. dollars.
With large value of assets under management, and with consent of their HNW clients, private banks can access a wider range of investment possibilities including alternative investments such us hedge funds. Such non-traditional investments are usually not available to the regular bank clients due to the high minimum investment threshold. Also, such investments are much more risky than the traditional ones and without help of a financial advisor a person not knowledgeable about the financial markets could lose a big part of the invested money.
The disadvantages of the non-traditional investments are volatility, lack of transparency and liquidity. On the other hand, the benefits of investing money in alternative are, among others, possibility of outperforming the markets and getting protection in times of downturn in the equity markets.
Private banks – additional information
Private banking refers primarily to financial and investment services offered by banks to their high net worth clients. The conventional value of net worth needed for a person to be qualified as HNW individual is one million U.S. dollars.
With large value of assets under management, and with consent of their HNW clients, private banks can access a wider range of investment possibilities including alternative investments such us hedge funds. Such non-traditional investments are usually not available to the regular bank clients due to the high minimum investment threshold. Also, such investments are much more risky than the traditional ones and without help of a financial advisor a person not knowledgeable about the financial markets could lose a big part of the invested money.
The disadvantages of the non-traditional investments are volatility, lack of transparency and liquidity. On the other hand, the benefits of investing money in alternative are, among others, possibility of outperforming the markets and getting protection in times of downturn in the equity markets.
