Managers of Wealth

Blackrock: «When We Exit This Crisis, the World Will Be Different»

This has allowed central banks and governments to act more effectively and swiftly, attributing the latter point to experience during the global financial crisis in 2008.

Fitch Revises Outlook to Stable and Affirms Leonteqs Investment Grade Rating

Fitch concludes that these have allowed Leonteq to establish a solid track record in generating fairly stable revenues and adequate underlying profitability.

The world's wealthiest people are losing billions in the coronavirus pandemic — except for Jeff Bezos, who has added $6 billion to his fortune in 2020 as Amazon sales surge

Amazon CEO Jeff Bezos is the only one of the world's five richest people that hasn't lost money in 2020, the Bloomberg Billionaires Index shows.

Large investors still say they aren’t ready to sell as coronavirus crisis continues

A Citi survey of insitutional clients showed that 80% wanted to commit more cash to equities.

The three phases of investing through a global pandemic - Jeremy Podger, Fidelity

New names have been added to the portfolio, including staples and healthcare companies, putting cash to work while maintaining a reasonably balanced profile.

The Coutts Guide to Getting Through Lockdown

But during this unprecedented period, we’re making available to all our clients – whether Silk cardholders or not

‘If we do it right, we'll only have to do it once’ – Bill Gates calls for a nationwide US shutdown

The US needs to have a total shutdown to stop COVID-19 spread, says Bill Gates.

Are family businesses better prepared to survive during economic turmoil?

The trend towards low spending is typically explained by the fact that the family is footing the bill of an expenditure.

After the Virus

After the virus the world is going to be quite different. Whether the current lockdown lasts weeks or months (heaven help us, years?) very little will remain unchanged by Covid-19.

Investment banking: a problem child for UBS and Credit Suisse

The unit is said to have earned around $ 120 million for the bank last year from trading speculative junk bonds, as Reuters wrote.

Coronavirus and the bottom line: Is wealth management ready for the worst?

Well-capitalized incumbents can press an advantage over smaller rivals with higher leverage, as tumbling interest rates and stock values hit the industry with a double whammy.

How SA’s dollar-billionaires saw their fortunes decimated in 2020

It's been a rough ride for all of South Africa's dollar-billionaires this month, with Patrice Motsepe especially affected. Here are the grisly details.

'Consumer confidence will reach record lows - Close Brothers

In the coming months we expect consumer confidence to reach record lows which could have a drastic further negative effect on demand and spending.

McKinsey’s Vision of Wealth Management in 2030

Advisors are already strained answering many more calls from clients.

How much are luxury brands donating to help fight coronavirus?

Sales may be suffering due to Covid-19 but luxury and celebrity brands are digging deep to help fight the virus

V, W or L: what shape will the recovery take?

Although a rapid V-shaped recovery is our central forecast, if Covid-19 lingers there is a risk of a “double-dip” recession.

The cavalry (finally) arrives by Rathbones

The pandemic is spreading rapidly in the US, which is now following the rest of the West into self-isolation. Beware of leverage and expect dividend cuts, warns our chief investment officer Julian Chillingworth.

Wealth planning in times of crises: immediate-, near- and medium-term considerations by Julius Baer

Modern travel and technology has enriched global families’ lives for the last few decades.

Perfect Storm for Markets as Economic Time Stops by Butterfield Group

Certain sectors of the economy are more directly exposed to the economic shutdown, but the breadth of this shutdown will impact every sector.

Leadership through a crisis, from a CEO who’s been there.

2020 is an unprecedented situation but the principles of good leadership are constant.

Comment & Analysis