Wealth and Asset Management

07/23/2012

Wealthy shift to risky investments

Twenty percent of the 1,020 households surveyed said they bought individual domestic equities in the 12 months ended in March, the Boston-based mutual fund firm said.

07/22/2012

Survey Finds 86 Percent of Millionaires Are Self-Made

This year’s study found that 86 percent of millionaires are self-made and that their path to wealth, financial outlook and goals greatly impact their investment behaviors. In addition, millionaires’ outlook on the future financial environment

07/19/2012

Private banks: BofA ranks No 1

Britain's HSBC is in sixth place on $377bn, a long way behind the top five, which all have about $1trn or more.

07/18/2012

Big bonuses seen leading to current Wall Street scandals

Hodgson told CNBC his research shows the incentive structure on Wall Street, in which bonuses are paid based on short-term profits, was one of the prime factors that caused the financial crisis in 2008 and 2009.

07/17/2012

New Issue of Philanthropy Management

Government taxation of charities tends to reduce the philanthropic sector's ability to address social needs that are often not covered by government, according to Richard Schwartz, Philanthropy Management's editor. "This calls into question