07/10/2020
US surpasses Asia Pacific for HNWI growth
There are approximately 183,000 ultra-HNWI in the world.
Comment, Analysis & Research
07/10/2020
Are you getting the most out of your family office?
Managing significant wealth is like running a business with one big difference: your colleagues are also your family members.
07/10/2020
Commentary: Don’t blame Covid-19 for public pension problems
Covid-19 is not the issue on the public pension problems
07/10/2020
What Banking For The Unbanked Means For You
By definition, the unbanked are individuals that have no checking or savings accounts.
07/09/2020
Reinvention Required: Five Steps That Asset Managers Should Take Now
The picture is even gloomier when you look at the last five years, with gross margins contracting by 31%.
07/08/2020
Rapidly Changing Behaviours In 2020 Are Accelerating Consumer Embrace of Digital, Health, and Sustainability Trends, Says PwC
The survey results reveal that the pandemic and the ensuing social distancing measures put in place have led to fundamental changes in how consumers work, eat, communicate, and take care of their health.
07/08/2020
The State Of M&A Activity In The Wealth Management Industry
The average assets under management of a firm acquired during the quarter was just over $1.5 billion – the largest levels since ECHELON Partners began tracking this data in 2014.
07/08/2020
THE Broadridge Next-Gen Technology Pulse Survey
How financial services firms globally are adapting to the new digital-first environment.
07/08/2020
What the Changing World of Work Means for Your Retirement
According to the study, only 34% of workers envision immediately stopping work and entering retirement.
07/08/2020
Covid-19: Bank of America temporarily shutters 50 branches in Central Florida
The branches will reopen on a case-by-case basis, he said.
07/06/2020
Vontobel AM teams up with NY firm to launch fund
New York Firm Launch fund
07/05/2020
Gold Funds Underpin Pandemic Price Rally as Jewelers Vanish
The shift underscores the global push-and-pull for gold between western investors looking for a safe haven and traditional demand centers for physical gold in Asia.
07/03/2020
JPMorgan Chase: US adds 4.8 million jobs as unemployment falls to 11.1%The reversal
Credit and debit card data tracked by JPMorgan Chase show that consumers reduced their spending last week after having increased it steadily in late April and May.
07/03/2020
How Much Money Americans Actually Make
They included banking executives in the “one percent,” workers at nonprofits who say they are compensated in nonmonetary personal “fulfillment” and a cashier who longs for a $15 minimum wage.
07/02/2020
Citi’s Brazil CEO Works in a Near-Empty Tower Handling a Loan Surge
The economic fallout has been devastating, with the bank’s economists predicting a 6.5% contraction this year.
07/02/2020
John Paulson to turn hedge fund firm into family office
Mr Paulson shot to fame during the financial crisis with a bet against the overheated US housing market and managed US$38 billion at one point.
07/02/2020
Majority of Insurers Confident in Asset Managers During Downturn
They’re also upping their allocations into alternatives, such as private equity and private credit, says a State Street survey.
06/30/2020
Global Business Barometer Improves
This put it ahead of other options such as direct fiscal stimulus to consumers and tax cuts.
06/30/2020
Natixis Survey Finds Financial Professionals Expect Strong Industry Growth
US financial professionals expect AUM to grow by 7.2% in the next year driven mainly by new assets from new and current clients
06/30/2020
It Ain’t Over ’til It’s Over
The re-openings that have turned problematic in our view will require reassessment of how and what needs to be done to avoid the surges in the virus that have met these first efforts.