04/15/2014
Big Wealth makes a comeback in the U.S.
One hundred years after Americans first filed income taxes under the Sixteenth Amendment, Big Wealth is back.
Comment & Analysis
04/14/2014
The Effect of People Power by Justin Urquhart Stewart
Elections are strange beasts.
04/11/2014
Wealth management ‘the growth engine’ of banks
Increasing capital requirements are pushing banks to find new revenue streams such as wealth management, which with its fee-based advice and wealthy clients is quickly becoming a new industry favourite
04/11/2014
Global economic and financial challenges: a tale of two views
Speech by Mr Jaime Caruana, General Manager of the Bank for International Settlements, prepared for a lecture at the Harvard Kennedy School
04/10/2014
Tax really CAN be taxing!
How easy is it to trip up in tax? A recent case shows that even the simple things can be confusing to the taxpayer, and he pays the penalty.
04/09/2014
Stop Dumping on JPMorgan
JPMorgan's future still remains bright
04/09/2014
Will fee competition kill wealth earnings this year?
Wealth managers have warned that earnings in their own sector could be subjected to downwards pressure this year as fee competition bites.
04/09/2014
Asset Managers Enjoy Best Revenues in Four Years
Alternative managers also had higher operating profits
04/08/2014
Funds too lame rather than too big to fail: James Saft
These have the potential to turn idiosyncratic market frictions into systemic market failures.
04/08/2014
'Handicapped' by wealth: The dangers of unprepared heirs
The phrase describes how families that build wealth in a generation tend to lose most of it within three generations
04/08/2014
Diamond Industry Implications From Ukraine Crisis
This is not a large figure in proportion to the overall global economy
04/08/2014
Dubai Tells Global Bankers To Expect Another Boom
The emirate organised its first big investor roadshow since the crisis in London.
04/08/2014
Bank of Japan’s wait-and-see approach to the impact of the consumption tax risks it falling further behind the ball - Nancy Curtin, CIO Close Brothers
A repeat performance would provide real cause for concern. Economic indicators have already been softening, with little evidence to suggest momentum has been built this year.
04/08/2014
Have you made your fund manager rich?
Fund managers and brokers are often highly profitable
04/08/2014
Warburg Pincus Wagers on Mideast, Africa After Dubai Investment
Warburg Pincus LLC, the private-equity firm managing about $37 billion in assets, is considering investments in Africa and the Middle East as capital starts to flow back into emerging markets.
04/07/2014
Wealth funds are getting ‘too big to fail’
The sector has the potential to amplify pro-cyclical swings in the financial system and wider economy, giving a false picture of the price of risk.
04/07/2014
GSAM: US Monetary Policy Lagging Economic Cycle
Risk asset valuations in the developed economies are also asymmetrical to the monetary and economic cycle
04/07/2014
Rich advised to invest in developed economies
Major banks have encouraged their wealthy customers to invest in certain assets and advised them to shift such portfolios to foreign markets to take advantage of economic recovery in developed economies and avoid volatility at home.
04/07/2014
Are emerging markets making a comeback?
Recall that since May, every single investment house recommended DMs over EMs - the latter were said to have weak fundamentals, their current account deficits were too large, their currencies needed to be devalued
04/07/2014
Wealth manager interview: Gareth Lewis, Bestinvest
It is a dazzling morning and Bestinvest chief investment officer Gareth Lewis has strolled for 10 minutes in the March sunshine from his London home to Bestinvest’s Mayfair headquarters, tucked away in a quiet cul-de-sac close to businessman John C