Arbra's CEO, Philip Harris, recently sat down for an exclusive interview with Citywire to discuss the exciting developments at Arbra Partners and the future of the asset management industry in Switzerland.
In the interview, Harris shared insights into the rapidly evolving landscape of Swiss wealth management, particularly the trend towards consolidation within the industry. He emphasised that Arbra Partners is actively considering acquisitions as part of its growth strategy and discussed the significant recruitment opportunities within the External Asset Manager (EAM) sector in Switzerland, particularly from larger institutions.
Harris, who has a wealth of experience in the financial sector, including leadership roles at Credit Suisse Private Banking, UBS, and Royal Bank of Canada, highlighted why he believes that large institutions may struggle to innovate in private markets. He shared how Arbra Partners aims to differentiate itself with a more tailored approach to client needs, steering away from the "vanilla" offerings of bigger banks.
The interview also touches on Harris’s perspective on the commoditisation of clients by large banks and how Arbra Partners seeks to offer a more personalised and value-driven service.
Click here to watch the full interview on Citywire's website.