Deutsche Bank Private Bank

We were honoured to host an important United Arab Emirates’ Ministerial delegation at an invitation-only Family Office Breakfast Roundtable last week in #Singapore. Our deep thanks to everyone who joined us, most especially to the Minister of Economy and Chairman of Investopia His Excellency Abdullah bin Touq Al Marri, and the Minister of State for Entrepreneurship, Her Excellency Alia bint Abdulla Al Mazrouei, one of the Arab world’s leading woman entrepreneurs! The Roundtable was the latest initiative by our Emerging Markets business to increase connectivity and investment opportunities for Middle East and Asia clients, including Family Offices. Head of Emerging Markets Marco Pagliara said: “The investment opportunities for our clients in the Middle East - Asia corridor are exciting and vast, with the UAE continuing to record strong growth and trade. Our EM regional structure is one of the first in the market to seize this intra-regional opportunity, and we are leveraging Deutsche Bank’s institutional platform to serve cross-border needs of sophisticated and private market investors.” #emergingmarkets #wealthmanagement #privatebanking

In this week’s CIO Weekly Investment Outlook podcast, titled ‘Widening: spreads, fiscal deficits and BRICS’, the Private Bank’s Chief Investment Officer in APAC, Stefanie Holtze-Jen, CFDS, discusses widening spreads in U.S. rates, China’s stimulus impact and the growing list of emerging markets joining the BRICS alliance. Stefanie says U.S. long-term rates are expected to stay higher because of market expectations that deficit spending will continue regardless of the outcome of the election and a Fed that continues with monetary easing as long as inflation allows, reflating the economy. She points to the raft of data coming this week, including the important unemployment data, PCE inflation and third quarter GDP data for a reading on growth. For Asia, Stefanie notes Japan’s general elections and the Bank of Japan’s inflation target. With the market eyeing China PMI and industrial data due this week, Stefanie also discusses how market participants have responded to China’s stimulus package announced on August 24. Finally, Stefanie touches upon the latest BRICS meeting. Reportedly 13 new emerging markets, including Southeast Asia countries, are joining the BRICS trade alliance, as the major economies seek to secure commodities for the energy transition. Tune in and listen to Stefanie’s key thoughts for the week ahead. Download and subscribe from Apple Podcasts and Spotify or listen here now: https://lnkd.in/emvemAau (When investing, your capital may be at risk) #CIOWeeklyInvestmentOutlook #CIOinsight #emergingmarkets #privatebanking #wealthmanagement

In this week’s CIO Weekly Investment Outlook, the Private Bank’s Chief Global Investment Officer, Christian Nolting, says that the European Central Bank’s recent back-to-back interest-rate cuts do not necessarily mean it will ultimately bring down rates massively from their current levels in this cycle. “They need to also watch inflation, which we still think is sticky," Christian says. For now, the main topic in markets is the ongoing U.S. earnings season, Christian says. “Favourite sectors, I think no surprise, are technology and communication services, followed by healthcare. And energy would be expected to be the weakest sector.” Download and subscribe from Apple Podcasts and Spotify or listen here now: https://lnkd.in/emvemAau (When investing, your capital may be at risk) #cioweeklyinvestmentoutlook #privatebanking #wealthmanagement

WATCH 🎥 Already missing Frieze London & Frieze Masters 2024? Replay the highlights with Art:LIVE! In this edition, Frieze Studios Creative Director and Frieze Week Editor Matthew McLean reflects on an 1865 painting by Édouard Manet at Frieze Masters and talks to South African artist Zanele Muholi, whose work is in Frieze Sculpture this year. Manet’s painting of a day at the races ushers in modernism while Mulholi also wants their work to remind people of this modern era, and the issues that lie beyond the world of art. “I thought that to bring something serious will help those who are passing this space to rethink the time in which we live now.” Art:LIVE is your way to experience the fair, wherever you are in the world. Watch the full version here: https://lnkd.in/ecGBETfH Deutsche Bank is proud global partner of Frieze Art Fairs. #ArtLIVE #ArtWorks #DBxFrieze #WealthManagement #PrivateBanking #DeutscheBankArtCulture #DeutscheBankCollection #FriezeLondon #FriezeMasters (When investing, your capital may be at risk)

Welcome to #teamDB Paul Handley! Earlier this month, Paul joined us Deutsche Bank as Managing Director and a market head for South-East Asia (SEA) in our Private Bank, focusing on Thailand. He is responsible for managing and building a team of relationship managers to cover the SEA market. Handley joins with over 25 years of experience, most recently at HSBC Global Private Banking, Singapore where he managed the Thailand desks onshore and offshore, Vietnam and Philippines. Prior to that, he spent five years at JP Morgan Private Bank. Based in #Singapore, he reports to our South-East Asia Head, Johanes Oeni, who said: “We are delighted to welcome Paul to the team. Responsible for driving growth and expanding our presence and capabilities in the SEA region, I am confident Paul will take the business to the next level. Strengthening our South-East Asia platform is a strategic priority.” #southeastasia #emergingmarkets #wealthmanagement #privatebanking

WATCH 🎥: What is the difference between ESG and Sustainability? As we look to create a more sustainable and equitable future, it is important to understand what we mean when we use these key terms. Learn how Markus H.-P. Müller, our Chief Investment Officer for ESG, and Karen Sack, Executive Director of the Ocean Risk and Resilience Action Alliance (ORRAA), distinguish between Sustainability and ESG. More about this and other sustainability topics in our jargon-busting series, here: https://lnkd.in/e5CssZKK #ESG #sustainability #sustainablebusiness #netzero #leadership #wealthmanagement #privatebanking (When investing, your capital may be at risk.)

🎨 London calling - an inspiring weekend at this year's Frieze!🎨 For the second consecutive year, we brought the NextGen of Wealth Management clients together at Frieze Art Fair in London to reconnect and exchange ideas among fine arts. Our highlights this year were 💡 plenty of networking opportunities for our NextGens from different places with various interests and backgrounds, 💡 a guided tour through the Royal Academy of Arts with an introduction to the weekend full of art by Britta Färber, 💡 exploring Frieze London and Frieze Masters, offering exclusive behind-the-scenes insights into the art fair from Frieze Masters director Nathan Clements-Gillespie 💡 as well as the inspiring insights from Markus H.-P. Müller, who took us on a journey of macroeconomics and sustainability, making the economic case of resource usage. As an example he talked about the ocean and its economic relevance. We started with the color of the carpet in the lounge being pink - the color of the Ocean 650 mn years ago. Our NextGen Programme offers unique educational events throughout the year that provide exclusive access to a global network as well as opportunities to learn about a range of topics with peers from all over the world. Many thanks to our clients for being our guests. We are already looking forward to many more exciting occasions to come together with our growing NextGen community.🌍🤝 #FriezeLondon #FriezeMasters #Frieze #NextGen #DeutscheBank #WealthManagement #Networking #Art Christian Noran Marianna Schützendiebel Nils Johannes Luchterhandt Nikolaus Huber

WATCH 🎥 Catch up on Art:LIVE from Frieze London & Frieze Masters 2024! Join Frieze Studios Creative Director and Frieze Week Editor Matthew McLean as he heads inside the tents to meet the artists and gallerists who exhibited at this year’s fair. In this edition, Matt meets punk, poet and painter Billy Childish, who spent the week creating new works live in front of crowds of visitors, and Jenkin van Zyl whose sauna-style viewing room for their video work examines cycles of consumption – complete with magic dance sweat. Art:LIVE is your way to experience the fair, wherever you are in the world. Watch the full version here: https://lnkd.in/ecGBETfH Deutsche Bank is proud global partner of Frieze Art Fairs. #ArtLIVE #ArtWorks #DBxFrieze #WealthManagement #Frieze #FriezeLondon #FriezeMasters #PrivateBanking #DeutscheBankArtCulture #DeutscheBankCollection (When investing, your capital may be at risk)

WATCH 🎥: The fantastic Frieze London and Frieze Masters have wrapped for another year! Thank you to all the clients who joined us, to our partners for their continued support, and to artist Rene Matić who transformed the Deutsche Bank Wealth Management Lounge. It’s always a pleasure to welcome our guests to such a special event and to connect over a shared passion – and it’s a privilege to work with such talented artists who make it all happen. We look forward to seeing many of you in the new year for Frieze LA! Deutsche Bank is proud to be the global lead partner for Frieze fairs, continuing more than 20 years of a shared commitment to artistic excellence. Britta Färber #PrivateBanking #WealthManagement #DeutscheBankCollection #DeutscheBankArt #ArtWorks #FriezeLondon #FriezeMasters #DBxFrieze #FriezeLA (When investing, your capital may be at risk)

Inflation rates in the U.S. and Eurozone are approaching the targets of the respective central banks, expanding scope for interest rate cuts. However, this has caused price movements between currency pairs on the foreign exchange market. Political developments are playing an increasing role as well and should be taken into account when weighing up the opportunities and risks. In our new CIO Viewpoint FX, ‘Central banks at the helm’, we explore anticipated central bank policy moves, their potential impact on currency pair volatility, the outlook for the next twelve months and the possible developments in currencies that investors should take into account in their investment decision-making. You can download the full report here: https://lnkd.in/emD3ykvq #wealthmanagement #privatebanking #fx (When investing, your capital may be at risk)