Bank of America has announced a multi-year strategic agreement with Ian Bremmer’s Eurasia Group to provide industry-leading political risk analysis to the bank’s global wealth and investment management clients. As part of the agreement, Bank of America will jointly look to develop investment solutions using Eurasia Group analyses.
“Through this agreement, we are providing our wealth management advisors and their clients with a competitive advantage in evaluating how political risk affects the markets and their investing strategy,” says Kunal Kamlani, head of Global Investment Solutions for Bank of America. "Ian Bremmer and his team of experts at Eurasia Group will enhance our traditional investment guidance by providing insightful political risk analysis and intelligence for our wealth management advisors and clients.”
Eurasia Group’s experts will participate in specialised client briefings, conferences, training symposiums and periodic political risk analysis communications for more than 20,000 Merrill Lynch and US Trust client-facing professionals. Eurasia Group will provide wealth management advisors with regular commentary on the world’s top political developments and will offer event-driven analysis in response to breaking news.
They will also provide forward-looking, detailed reports on a variety of topics affecting Asia, Europe, the Middle East, Africa, and Latin America, as well as on areas of vital national interest such as the use of energy and natural resources. Additionally, Eurasia Group will provide an annual report on key regions with high political risk and emerging long-term global trends.
Bank of America intends to connect Eurasia Group’s core competency in global political risk analysis with the investment process to deliver a comprehensive view of how political and financial factors interact and can affect investments. Bank of America and Eurasia Group will also co-brand publications on key topics of interest and jointly produce a newsletter for clients.
"Bank of America’s Global Wealth and Investment Management businesses are on the leading edge in providing smart and innovative solutions to investors, and we’re delighted to be partnering with them. The relationship between politics and global markets has only increased in importance, and we look forward to integrating our work with Bank of America, in some instances to the exclusive benefit of their global client base," says Ian Bremmer, president of Eurasia Group.
