Managers of Wealth Americas

Morgan Stanley chief says worst is ‘behind us’ for US economy

James Gorman makes the case for banks to continue to pay out capital in dividends

Is Goldman Sachs the Blueprint for Wealth Managers?

Geneva, where Goldman poached two super-rich bankers from UBS this week, is emerging as a linchpin in those plans.

BofA Eases Targets for Merrill Wealth Advisers — WSJ

The changes are projected to reduce the number of advisers who see pay cuts by about 1,000.

Firms ramp up recruiting push

Covid-19 hasn’t thwarted wealth management firms’ efforts to attract new talent

Pandemic creates pension plan tension: Take the lump sum or trust lifetime payments

The number of private pension plans — which employers fund on behalf of workers — has been dwindling over time

Does that change everything?- Gary Dugan

Emerging markets may be due a serious further rebound.

Buyout firm Sycamore Partners in talks to buy troubled J.C. Penney

There is no certainty that the talks between Sycamore and J.C. Penney will result in a deal, which would require a bankruptcy judge’s approval, the sources said.

US billionaires' wealth soars during pandemic

Tesla Chief Executive Elon Musk's net worth also rose $14.1 billion.

Women’s wealth to exceed $1tn by 2023

One of the reasons cited by BCG for the increase in women’s wealth is the improvement in women’s access to education.

Who are the best asset managers and ETF providers?

Investing has never been more challenging and exciting. Rates are at record low, while risks – with the collision of the world’s two largest economies – have never been higher

Making Money Is Good. Doing Good Is Even Better

Not everyone agrees that pension funds and asset managers should be broadening their remit

Regions Next Step Survey Finds 81% of Americans Do Not Feel “Financially Fit”

The survey, conducted in April, provides insight to American sentiment about their current financial fitness

UBS to Curtail Expense-Account Benefit Due to Virus Constraints

UBS recognizes that different advisors have different preferences, but was told by tax and regulatory experts that it had to adopt a one-size-fits-all formula for its approximately 6,000 U.S. advisors.

Bank Of America Commits $1 Billion To Support Economic Opportunity After Pandemic, Protests

Bank of America said on Tuesday morning it will make a $1 billion commitment over four-years to help local communities address the widening economic and racial inequality stemming from the pandemic.

Managing diverse assets the new world

Roger Woolman of SS&C Advent analyses the effects now and into the future of the coronavirus pandemic

EMs walk the line - analysing the fiscal response

As in prior episodes of high risk-aversion, it is the currencies of emerging markets that are most reliant on external investors for financing that have suffered the most.

US pension plans warned they will run out of money by 2028

Seven struggling public funds could have a severe impact on state finances as their funded ratio drops

Older Crowd Embraces Online Banking, Rewards Firms’ Digital Push

Online services have the potential to bring in customers, help cut costly branches and pare workforces, while also making it harder for new competitors to poach clients with the allure of better technology.

Pension funds: the infrastructure opportunity

The Infrastructure and Projects Authority had already earmarked about 50% of the pipeline to be financed and delivered through the private sector in the National Infrastructure Delivery Plan; arguably, that percentage will grow in the wake of the pandemic

Keeping a Team Motivated Remotely Isn’t Easy — But It Is Possible

The acquaintances and friendships you build in those moments keep teams close-knit and establish a sense of purposeful togetherness.

Comment, Analysis & Research