While there is some truth in the assertion that the top end of the wealth continuum is increasingly looking for institutional-style performance analytics, it is a fallacy to see the needs of wealth managers as some kind of “institutional lite”
Jonathan Golub, UBS's top U.S. equity strategist, is one of the many names who recommend that investors approach the markets with caution.
Gold drifted lower early in the week as the Euro continued to weaken against the US Dollar. By Thursday, the metal had recovered as the euro stemmed its losses after a softer-than-expected US manufacturing report.
In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses the latest developments in the Eurozone and provides an update on the UK.
Last November, the IPO deal of the day was Groupon. On the first day of trading, shares rose to a high of $31 from an initial offering price of $20.
The combined wealth of the richest 1,000 people in the UK rose 4.7 per cent last year, surpassing a previous high set before the 2008 financial crisis. The result is a new global elite, living lives of luxury and privilege the rest of us can hardly fathom