Product Innovation and Customer Targeting in Wealth Management, Q2 2007

Table of Contents

• The Roundup
  • Customer Targeting
  • Product Innovation
• The Developments
  • ABN AMRO
  • ANZ
  • AXA
    • AXA company Winterthur targets high net worth individuals with new BGI pension funds (Product Innovation) - May 2007
  • Banca del Gottardo
  • Bank of America
    • Bank of America targets HNW clients with new credit card (Customer Targeting) - June 2007
  • Bank of Tokyo Mitsubishi UFJ
  • Barclays
    • Barclays targets affluent individuals with Premier service in France (Customer Targeting) - June 2007
  • BBVA
    • BBVA and Schroders joint venture introduces a hedge fund of funds (Product Innovation) - April 2007
    • BBVA launches venture capital fund of funds with EUR10 minimum investment (Product Innovation) - June 2007
  • Bessemer Trust (whole business)
  • BNP Paribas
  • Citigroup
    • Citibank introduces DWS Investment' s Shari' ah-compliant funds to Bahrain (New Product / Customer Targeting) - May 2007
    • Renminbi investment products launched by Citibank China (Product Innovation) - May 2007
    • Citibank introduces new Birla Sun Life India-based fund (Customer Targeting) - May 2007
    • BlackRock offshore funds launched by Citibank Hungary (Product Innovation) - May 2007
  • Commerzbank
  • Credit Agricole
  • Credit Suisse
    • Advanced Prime platform for hedge funds launched by Credit Suisse (Product Innovation) - June 2007
    • More private banking services available from Credit Suisse in Russia (Product Innovation and Customer Targeting) - May 2007
    • New Credit Suisse product allows investment in bond funds (Product Innovation) - May 2007
    • Credit Suisse makes hedge fund advisory service available globally (Customer Targeting) - May 2007
  • DBS
  • Deutsche Bank
    • Deutsche Bank announces a range of Exchange Traded Funds (Product Innovation) - June 2007
    • Deutsche Bank widens scope of aXess structured equity products to include GCC markets (Product Innovation) - April 2007
    • Hedge fund product offered to retail investors in Australia by Deutsche Bank (Product Innovation) - April 2007
  • Dexia
  • Fortis
    • Fortis Private Banking to offer clients Standard & Poor' s fund research (Product Innovation) - April 2007
  • Goldman Sachs
    • Goldman Sachs Asset Management launches two new fund-of-funds (Product Innovation) - April 2007
  • Gruppo Banco Popolare di Verona e Novara (BPVN)
  • Hang Seng
    • Hang Seng China-B Share Focus Fund made available to retail customers (Customer Targeting) - June 2007
  • HBOS
  • Henderson Global Investors
    • Henderson Global Investors introduce Asian dividend income fund in Singapore (Customer Targeting) - April 2007
    • Henderson Global Investors to launch new investment company (Product Innovation) - June 2007
  • HSBC
  • ING
  • Intesa Sanpaolo
    • Intesa Sanpaolo launches new ten-year benchmark Eurobond (Product Innovation) - May 2007
  • Investec
  • JP Morgan Chase
    • JP Morgan launches new investment tools (Product Innovation) - April 2007
    • JP Morgan launches private equity fund services in UK (Customer Targeting) - May 2007
  • Julius Baer
    • Julius Baer launches new regional emerging market fund (Product Innovation) - April 2007
  • KBC
  • Lloyds TSB
  • Mellon Financial Corp.
    • Boston Company Asset Management launches 130/30 strategy (Product Innovation) - April 2007
    • Mellon launches Australian Equity Long/Short Trust (Product Innovation) - May 2007
  • Merrill Lynch
    • Merrill introduces the ML LifeStyle Index (Product Innovation) - April 2007
  • Mizuho Holdings Inc.
  • Monte Paschi di Sienna (MPS)
  • Morgan Stanley
    • Morgan Stanley to offer electronic trading access via Bloomberg Tradebook (Product Innovation) - April 2007
    • Morgan Stanley Investment Management launches Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (Product Innovation) - April 2007
  • National Australia Bank (NAB)
  • Nordea
  • Northern Trust
  • OCBC
  • Pictet & Cie
    • Pictet & Cie introduce a Clean Energy Fund (Product Innovation) - April 07
  • PNC
  • RBC Financial Group
  • RBS
  • Sal. Oppenheim
  • Santander
  • Sarasin
  • Schroders
  • Société Générale
  • St George
  • Standard Chartered
  • UBS
  • UniCredit
  • Union Bancaire Priv (UBP)
  • United Overseas Bank (UOB)
  • Vontobel
  • Wachovia
  • Westpac
• APPENDIX
  • Methodology
  • Further reading
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer