August 13, 2025
The end of American exceptionalism: PWM Tea Break
Beat Wittmann, a veteran of the Swiss private banking trinity of UBS, Credit Suisse and Julius Baer, now partner of boutique firm Porta Advisors, speaks to PWM about how families are diversifying their portfolios beyond the usual suspects of the US market.
Geopolitics and the redrawing of a new world order where the US, China and the EU compete for business and assets, against the backdrop of a generation-defining invasion by Russia of Ukraine, are increasingly determining the shape of investment portfolios. During a visit from Zurich, Mr Wittmann tells PWM’s Yuri Bender about how European wealth firms can benefit from the changing landscape.
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Further reading
Wealthy Americans are reimagining wealth and life outside the US
Wealth managers must focus on their multilateral world
BNP Paribas seeks to selectively expand global wealth footprint
