Managers of Wealth

Marco Bizzozero: «No Time for Paradeplatz»

It was not an easy start given the pandemic, but Bizzozero was not fazed.

Jonathan J. Bush, Broadway Hopeful Who Became a Fund Manager, Dies at 89

Younger brother of President George H.W. Bush founded a Wall Street firm after brief career as a song-and-dance man

India’s rich are not the only ones fleeing the Covid crisis on private jets, says CEO

Indian tycoons and Bollywood stars are not alone in fleeing the country’s escalating coronavirus crisis, says the CEO of private jet charter company JetSetGo.

Wealth management firms must better cater to young investors' social beliefs: study

The survey found that investment firms have lots of room for improvement, with only 36 per cent of investors saying their needs are being completely met.

Electronic vehicle market investment requires some smart thinking

As consumer demand for electric vehicles surges, the tipping point is coming. What does it mean for electronic vehicle market investment? Patrick Thomas writes.

Delaying Required IRA Distributions—Again— Would Largely Help Only The Wealthy

The new RMD rules are included in the Securing a Strong Retirement (SECURE) Act of 2021.

What the Gates Divorce Might Mean for Philanthropy—and What It Doesn't Mean

The Gateses, on the other hand, bring to the table not just two decades at the forefront of billionaire giving through their foundation

Employees Are More Likely To Pretend They’re Working When Employers Track Their Productivity: Here’s Why

“If I feel like someone doesn't trust me enough to feel like I’m doing my work without monitoring through software, how do I trust them back? How do I build that physical safety?”

UBS Own Your Worth Report Finds That Only 20% of Couples Participate Equally in Financial Decisions

This year’s report surveyed 1,500 high-net-worth men and women in marriages or partnerships and showed that while women continue to make strides in the workplace, there is still a long way to go in achieving equality at home.

Labuan IBFC remained Resilient and Agile amidst a Challenging Business Landscape

Labuan IBFC and its ecosystem remained intact in spite of the sombre business climate and movement restrictions

Schroders surpasses €700 million for European sub-investment grade infrastructure debt fund ahead of €1 billion hard cap fundraising target

Schroders is today announcing that it is has surpassed €700 million in fundraising for the Schroder Euro Enhanced Infrastructure Debt Fund II (Julie II) ahead of its hard cap target of €1 billion.

The China conundrum for wealth management companies

After Archegos, firms need to reassess risk of doing business in the country

What Top Wealth Advisers Are Warning Their Rich Clients About

They discussed these and other issues at the Bloomberg Wealth Summit on Tuesday.

Now It’s May, Do You Go Away?

Unsurprisingly, performance by both the Asian and overall emerging markets indices were more modest during the month.

St. James's Place: Week Watch

The recent strong performance in the US market suggests that such fears appear overblown, at least for now, suggests Mark Dowding of BlueBay Asset Management, co-manager of the St. James's Place Strategic Income fund.

Growing complexities of private capital will accelerate after the pandemic

The challenge now is for general partners (GPs) to keep control of their processes in an ever-changing world.

Diary of a Fund Manager- All in- 4.5.2021

For the record, equities ended the week mixed with this side of the Atlantic doing slightly better than over there, bonds edged fractionally higher, gold was down and the US dollar unchanged.

Facing Extinction – What African Banking Needs to Learn from Rhino Conservation

The helicopter pilot in this scenario requires just the minimum data needed to guide his path, maintaining a top-down view of what is happening and precisely where to go.

DBS may stay hungry for acquisitions in quest to dominate Asia banking: Analysts

Snagging chunks of businesses from his former employer would help Gupta expand DBS' footprint in Asia and build its defenses against neobank challengers in his home market, which still accounts for more than two-thirds of the bank's earnings.

Here’s how much money you need to be considered super rich in South Africa

This issue is exacerbated by the fact that global wealth is typically pegged to the US dollar, and South Africa’s billionaire rankings can plunge overnight based on fluctuating exchange rates.

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