In the challenging times of change we live in now, ABN AMRO Private Banking has actually emerged as a
stronger private bank. It is my pleasure to present to you a profile of our private bank as it stands now.
On 17 October 2007, ABN AMRO Holding NV (‘ABN AMRO”) was acquired by a consortium of banks through
RFS Holdings (‘RFS’). This consortium consisted of the Royal Bank of Scotland, Fortis Bank and Banco
Santander. On 3 October 2008, the Dutch government acquired Fortis’ stake in RFS and became the owner
of ABN AMRO Netherlands, the International Diamond & Jewelry Group and ABN AMRO Private Banking,
which includes ABN AMRO Private Banking Asia.
While we prepare for separation from the consortium to become a stand alone private bank, ABN AMRO
continues to operate as a separately capitalised and regulated entity under the supervision of the Dutch
central bank. ABN AMRO is also managed independently by a separate Supervisory and Managing Board.
Our fundamentals remain strong, with a Tier 1 capital ratio and total capital ratio of 10.9% and 14.4%
respectively, as at 31 December 2008. We also enjoy good credit ratings, with Aa2 by Moody’s, A+ by S&P,
and AA- by Fitch as at 31 March 2009. ABN AMRO Private Banking’s infrastructure in Asia and the Middle
East consists of a network of 8 offices staffed by over 500 employees across the region. To address your
needs, we have a range of products and services which may be customised to meet your financial goals. We
have teams of dedicated professionals, from private bankers and investment advisors to product specialists
and research analysts, always ready to serve you.
If you are already our client, then you will be familiar with our continued commitment to provide you with
the best possible professional service. If you are new to ABN AMRO Private Banking Asia, I hope that this
will be the start of a long and fulfilling relationship where we hope to address your needs, both personal and
business. For further details, I invite you to turn the page and enter our world.
Head of ABN AMRO Private Banking Asia
ABN AMRO Private Banking - A Profile 01
Welcome to ABN AMRO Private Banking
At ABN AMRO Private Banking Asia, our entrepreneurial origins stem from centuries of trade in the region dating
back to 1824. Today, we continue to draw on our global reach and local relationships to manage our clients’ wealth.
Our international network comprises some of Europe's oldest and most-prestigious private banks, including
Neuflize OBC (France), with roots that can be traced to 1667, and Delbrueck Bethmann Maffei (Germany), with a
history beginning in 1712. Following our acquisition by the Dutch state in 2008, we now enter into a new chapter
of our history as a stronger private bank offering clients leading financial expertise anywhere in the world.
Our business continues to stand firmly on solid ground with a renewed focus to cater primarily to High Net
Worth and Ultra High Net Worth individuals like you. Our strength as an international private bank lies in the
Global footprint spanning 12 countries with 65 branches and offices and over 3,000 full time employees
Sizeable establishment encompassing over 100,000 clients and EUR 102 billion in assets under management 1
Tier 1 capital ratio of 10.9% and total capital ratio of 14.4% 1
Strong credit ratings, with Aa2 by Moody’s, A+ by S&P, and AA- by Fitch 2
Network of experienced professionals including research analysts, economists, portfolio managers, estate
planning experts and product specialists
Dedicated client service teams for each client consisting of private bankers, investment advisors and
assistant private bankers
Open architecture model providing our clients with access to the best possible products regardless of
location and provider
ABN AMRO Private Banking - A Profile 03
Your Wealth and Well-being are our Main Concern
We are committed to forging long term, mutually beneficial relationships with our clients based on personal attention,
trust and confidentiality. We endeavour to make more possible for you and your loved ones by understanding and
clarifying your individual situation, financial needs, investment objectives and personal wishes. By appreciating the
broader, personal factors in your life, our advice and guidance are customized to help fulfill your unique needs, be
it wealth creation, preservation or transfer.
Wealth Creation Wealth Transfer
As your responsibilities and challenges increase, it may Whether you would like to direct your assets to your heirs
be more difficult to find the time to enhance your wealth or to a philanthropic cause, it is important to ensure that
especially if your assets have augmented in size and your legacy is transferred in an effective way. At ABN
complexity. By taking the time to understand your risk AMRO Private Banking, our Estate Planners can provide
appetite and time horizon, our Private Bankers can help advice and structure a well-thought out approach that
you in allocating your assets effectively to capitalize on can meet your objectives for succession planning.
Whether you are building a nest egg for your children,
planning for retirement, or simply trying to buffer the
eroding effect of inflation, wealth preservation plays
a critical part in building your portfolio of assets. By
putting the necessary framework in place, we can
assist you in safeguarding your wealth, enabling you to
ultimately enjoy the fruits of your labour.
04 ABN AMRO Private Banking - A Profile
A Dedicated Client Service Team
Our Private Bankers are your personal point of contact who will discuss your specific circumstances and needs
closely before suggesting financial solutions. In addition, you will be supported by an Investment Advisor and a
group of regional Product Specialists with expertise in their respective fields. This dedicated client service team
will uphold our relationship with you based on stringent standards of confidentiality and a high degree of personal
assistance that you deserve.
Research and Investment Advisory International Estate Planning
While maintaining full control over your portfolio, take Our International Estate Planning (IEP) services help you
advantage of our Research and Investment Advisory protect and transfer your wealth to future generations
groups that form a global network of experienced efficiently, whether your business interests and
professionals with local in-depth knowledge. Through investments are situated locally or in various countries.
consultation with these experts, you can gain access to Our specialists’ application of the best methods and
a wealth of knowledge, ideas and perspectives across correct timing to transfer wealth will translate into an
asset classes to help you make an informed decision on optimal estate planning structure. These solutions will
your investments. be according to your preferences and will enable you
to preserve your legacy for your beneficiaries, ranging
Discretionary Portfolio Management from your loved ones to the community at large.
Enjoy the benefit of having a dedicated and experienced
investment professional construct and constantly
manage your portfolio providing you with peace of
mind and enabling you to concentrate on other areas
of life that matter to you most. Our Discretionary
Portfolio Management (DPM) service will support
you in developing a tailored portfolio by taking into
consideration your unique needs, circumstances and
investment profile. Your Portfolio Manager will then
monitor and actively take tactical steps to rebalance
your portfolio according to dynamic market conditions
and as your needs change through different life stages.
06 ABN AMRO Private Banking - A Profile
In addition to conventional investments in stocks and bonds, ABN AMRO Private Banking can offer a wide range
of investment products given our open architecture model of sourcing products in-house or externally to best suit
our clients’ needs.
Investment Funds Structured Products
Investment funds pool assets from different parties Structured products are hybrid securities containing
which allow an individual investor to benefit from the debt components and embedded derivatives. These
scale of assets allowing for a broad spread across investments are customized based on investors’
assets, sectors and regions, thereby diversifying risk. In preferences for certain asset classes, their specific risk
addition, you can avail of the expertise of an international profiles, return requirements, and market expectations.
team of fund managers and analysts. It is important to note that in addition to an exposure to
the underlying asset, there is also an exposure to the
Treasury Products credit or default risk of the issuer (or guarantor where
The Foreign Exchange (FX) solutions that we provide
present various alternatives for cash flow management,
yield enhancement and hedging. Furthermore, you can
reduce risk by hedging your bond and equity positions However strong your financial position, there may still
so that currency risk does not erode the overall return be times when you need extra funds to capitalize on
of the investment. Our professional treasury advisors an opportunity or to prevent any imbalances in your
offer a broad spectrum of foreign exchange solutions portfolio. Our collateral-based credit facilities are a
ranging from simple FX spot or forward transactions to financing alternative which provides you with liquidity
a wide variety of more complex derivatives. without impacting your investment goals or depleting
your cash reserves. We can help with a wide range of
Alternative Investments credit products, from mortgages and investment loans,
to those facilitating exchange transactions or for the
Alternative investments are investment vehicles with
purchase of precious metals. In addition, we can tailor
absolute returns that are normally less correlated to the
credit solutions to suit your financing needs.3
market than traditional asset classes. The underlying
approach of this asset class is different from traditional
asset classes such as bonds and shares. These
types of assets may include hedge funds, real estate,
venture capital or private equity. Generally, alternative
investments focus on sophisticated investment
strategies and may use derivatives, leverage or
short positions. These instruments can be used to
complement your investment portfolio. However, the
factors to consider when engaging in these investments
include cost, different risk characteristics and less
liquidity than traditional assets.
Investment ideas at the tip of your fingers
All of us struggle to rationalise the mass of data thrown to us by an information-based global economy.
The challenge is to filter out the unnecessary and concentrate on reliable signals that provide both perspectives and a
secure basis for your investment decisions.
ABN AMRO Private Banking’s Investment Advisory Service delivers you pre-filtered information and discerning market
analysis drawn from specialist expertise in every financial discipline and local market knowledge across more than 60
countries and every major financial center in the world.
As our client, you have access to an assortment of information tools such as the Quarterly Outlook publication, the
Global Weekly, sector and company updates, investment opportunities, and much more. All this knowledge is centrally
coordinated to provide a comprehensive global overview of business sectors and specific securities.
Investment Proposal suited to your circumstances and objectives
If you prefer to plan your own investment strategy, our Investment Advisory team can provide detailed recommendations
that suit your investment profile to diversify your risk and capitalise on the best available investment opportunities.
The Investment Advisory process essentially comprises of four clear steps:
1. Investment Profile: Based on your needs and objectives, your Private Banker establishes your investment profile.
2. Investment Proposal: Your Private Banker develops a proposal based on your profile and recommendations from
our Research and Investment Advisory teams.
3. Client Approval: Once you have approved this recommendation, the detailed execution of your investment plan can
4. Review Financial Plan: Once implemented, your investment portfolio will be regularly reviewed with you by your
We also offer a one-stop shop for execution, settlement and custody services. Once you have decided on an investment,
your Private Banker can deliver and customize it through our dealing facilities.
At ABN AMRO Private Banking, we are aware that your personal circumstances and financial priorities are likely to change
over time. To ensure that your portfolio delivers on your requirements, your Private Banker works closely with our
Investment Advisors to constantly monitor and review your investment plan against any changes in your lifestyle and
objectives. Together, they provide active guidance on your portfolio mix, asset allocation and individual holdings.
It is this combination of profound knowledge of the financial world together with a genuine understanding of your personal
goals and financial objectives that lies at the heart of what the Investment Advisory Service can offer.
Please contact a Private Banker or visit us at www.abnamroprivatebanking.com for more details on our Investment
Discretionary Portfolio Management
The benefits you enjoy with ABN AMRO The Dynamic Asset Allocation Mandate *
Discretionary Portfolio Management The uniqueness of the Dynamic Asset Allocation Mandate
lies in the flexibility of distribution across and within
Markets fluctuate constantly, requiring time for constant
asset classes. The DAAM invests in passive, index linked
monitoring as well as expertise in analysing the ever
instruments and attempts to add value by capturing short
changing investment landscape. Discretionary Portfolio
term market movements through Market Timing Strategy
Management (DPM) is the attractive solution should you
Certificates without changing the long term asset allocation.
wish to make your capital work for you but choose not to
Hence, the positions in equities and bonds can vary between
manage your investments yourself. With knowledgeable
0% and 90% of the total portfolio. This allows you to make
and experienced professionals in our DPM team reviewing
the most of market opportunities and benefit in a significant
and actively managing your assets on your behalf, you will
way from ABN AMRO’s investment outlook.
have more time to enjoy life’s precious moments with your
family and the peace of mind that your portfolio is in good
The Absolute Return Mandate
The Absolute Return Mandate aims to manage your assets
by minimising losses without sacrificing the potential upside
Tailoring your portfolio to suit your of your portfolio. This objective is achieved by participating
needs in positive markets while providing protection in a negative
Should you decide to have all or part of your investments market environment.
managed through DPM, your personal circumstances and
investment objectives will clearly take centre stage. Our The Multi-Manager Mandate
starting point is to determine your risk profile with you The Multi-Manager Mandate invests in equities and bonds
according to your investment goals, life circumstances, through the mutual funds of other reputed fund managers
financial reserves, risk appetite, and experience as an around the world. The selection of the fund is driven by the
investor. Through close consultation with your Private quality of the fund manager and investment style of the
Banker, determining these aspects of your profile will serve fund.
as the basis for customizing your investment portfolio.
To ensure you are up to date with your investments, you If you have specific investment objectives, our portfolio
will receive a detailed portfolio report every month or may managers will be available to develop mandates to
choose to view your statements online. Furthermore, you seamlessly suit your needs, whatever they may be.
will meet regularly with your portfolio manager and/or
Private Banker to review the composition of your portfolio, Please contact one of our Private Bankers or visit us at
the performance of your investments and the applied www.abnamroprivatebanking.com for more details on our
investment strategy. Discretionary Portfolio Management services.
A brief description of the variety of investment mandates
available to suit your unique needs:
The Customised Mandate
Exclusively for ABN AMRO Private Clients, the Customized
Mandate leverages the expertise of a small group of
portfolio managers with a stellar track record against
industry benchmarks. The flexible approach to portfolio
management attempts to achieve positive long term * Kindly note that the Dynamic Asset Allocation Mandate may not be
currently available in all locations in Asia and the Middle East.
performance regardless of market fluctuations.
International Estate Planning
Ensuring Your Legacy is Preserved and help ensure a smooth and efficient transfer of assets to the
With our hectic daily lives, it is often easy to leave thoughts Private Investment Company
about the future at the back of our minds. Yet, when one A Private Investment Company (PIC) is an offshore company
has a chance to reflect, most of us conclude that nothing is often used to hold personal assets for purposes of ensuring
more important. confidentiality and consolidation of assets for easy transfer
to successive generations. This is commonly regarded as
At ABN AMRO Private Banking, we help you review and the most simple and cost efficient alterative way to shelter
safeguard your assets so that you can transfer as much the assets from holding in individual name.
wealth as possible to your valued beneficiaries according
to your wishes. To create the right plan, what is required Trust
is a thorough understanding of your objectives, financial
A trust is a private arrangement where one person (the
needs and family circumstances, coupled with the ability
“Settlor”) transfers assets into the legal ownership of
to anticipate obstacles and surprises. Our Estate Planning
another person (the “Trustee”), who manages those assets
team can offer such personalized service and in-depth
for the benefit of third parties (the “Beneficiaries”). The
experience in proposing the right plan for you whether you
Settlor and Trustee agree and outline how the assets should
wish to convey your inheritance to your loved ones or a
be held and managed in a “Trust Deed”. This arrangement
particular philanthropic cause. A well-executed estate plan
facilitates the smooth and efficient transfer of assets to
will ensure that your assets are safeguarded effectively and
the beneficiaries in a manner prescribed by the Settlor. A
can translate into a secure future for your loved ones and
trust, as a comprehensive succession plan, also provides
the future generations.
for greater confidentiality and flexibility while being tailored
to meet your specific needs.
Furthermore, many of our clients have business interests,
residences and other investments or relatives in more than
one country. It takes a higher degree of preparation and
expertise to ensure that your estate is designed with these A Life Insurance policy provides an effective succession
complexities in mind. For those individuals, it is especially planning tool and option. It can ensure the beneficiaries’
important to work with an international wealth management inheritance is protected from life’s uncertainties and more
institution like ABN AMRO Private Banking that can provide importantly provide them with immediate access to liquidity.
a worldwide network of experts in managing your global It is a simple and flexible tool that provides for protection,
assets effectively. liquidity and confidentiality. At ABN AMRO Private Banking,
we can refer you to the appropriate life insurance specialist
according to your requirements.
Tools to Realize your Wealth Transfer
Our Estate Planning service offers a range of tools A Foundation is a separate legal entity into which you can
customized with your personal situation, wishes and transfer money for a specific purpose. The Foundation
ambitions in mind: becomes the legal owner of the assets, which are managed
by the Foundation Board. As a founder, you decide the
A Will Foundation’s purpose and its designated beneficiaries.
If one passes away without having made a will, the estate
will be transferred in most countries according to the Please contact a Private Banker or visit us at www.
intestacy rules, which could be applied in a manner not abnamroprivatebanking.com for more details on our Estate
in accordance with one’s wishes. Delays and high costs Planning services.
may also result from this. A properly executed will can
Please feel free to approach one of our Private Bankers to inquire about the availability of our products and
services and to address your wealth management needs overall. You can also find your local office at
www.abnamroprivatebanking.com and read more about our products and services that may be personally relevant
ABN AMRO Bank N.V. as of 31 December 2008, ABN AMRO N.V. Annual Report 2008
ABN AMRO Bank N.V. as of 31 March 2009
These credit facilities are available upon acceptance of your application. You must satisfy all applicable conditions precedent and sign any
additional documentation prescribed by ABN AMRO Private Banking.
Private Banking Offices Worldwide
Asia & The Middle East Kaohsiung France
Room A1, 14th Floor Neuflize OBC
China No. 6, Su Wei 3rd Road, 3 Avenue Hoche, 75008 Paris
ABN AMRO Bank N.V. Liang Ya District France
25th Floor, Azia Centre Kaohsiung 802
1233 Lujiazui Ring Road Taiwan, R.O.C. Germany
Pudong New Area Tel: +886 7 337 7707
Delbrück Bethmann Maffei AG
Shanghai 200120 Fax: +886 7 535 7006
D-60311 Frankfurt am Main
Tel: +8621 2893 9600 Taichung
Fax: +8621 5047 1063 No. 185, 24th Floor
Sec 1 Taichung Harbor Road
Taiwan, R.O.C. ABN AMRO Private Banking
ABN AMRO Bank N.V.
Tel: +886 4 2324 1380 46 Avenue JF Kennedy
37th Floor, Cheung Kong Centre
Fax: +886 4 2323 5230 L-1855 Luxembourg-Kirchberg
2 Queen’s Road Central
Tel: +852 3763 3700 United Arab Emirates
Fax: +852 3763 3709
ABN AMRO Bank N.V. ABN AMRO Private Banking
Singapore Salam Street, P.O. Box 2720 Beethovenstrasse 33
Abu Dhabi, U.A.E. 8022 Zurich
ABN AMRO Bank N.V.
Tel: +971 2 671 3040 Switzerland
One Raffles Quay
South Tower, Level 25 Fax: +971 2 696 3040
European Growth Markets
Tel: +65 6597 8866 Dubai (Belgium, Jersey, Spain)
Fax: +65 6597 8822 Khalid Bin Waleed Road, ABN AMRO Private Banking
P.O. Box 2567 Roderveldlaan 5, bus 4
Taiwan Dubai, U.A.E. 2600 Antwerpen-Berchem
Tel: +971 4 351 8480 Belgium
ABN AMRO Bank N.V. Fax: +971 4 351 8441
Room B, 12th Floor,
7 Sung Jen Road Europe
Taipei 110 Netherlands
ABN AMRO Private Banking
Tel: +886 2 8722 5388
Fax: +886 2 8722 5089
1081 KJ Amsterdam-Buitenveldert