Volatility and inflation are the two main persistent phenomena that can destroy capital, Edward Raymond, head of portfolio management UK and managing director at Julius Baer told an audience of senior trust professionals at PAM Insight’s annual eprivateclient Trust Dinner, held in London on 27 November 2018.
Describing his role as portfolio manager, Mr Raymond explained that it’s not just “running the money, instead it’s also a big translation piece.” He highlighted the importance of speaking to clients and understanding their personal situations. “You really need to gain an in-depth underst...