Managers of Wealth

1,700 People in America Are Becoming Millionaires Every Day

The vast majority of America’s working class would surely welcome an invitation into the country’s growing legion of seven figure holders

Women, Asia Pacific will lead luxury apparel market to $60.7B value by 2024

Asia Pacific will also remain as market leader with a CAGR of 14.5 percent during the forecast period.

10 traits wealthy people have in common

77 percent of people with at least $3 million in investable assets came from middle class or lower backgrounds

Compensation shouldn’t be crisis management

The next generation needs to know that it has a future, one with a clear path toward leadership and ownership.

Here is everything the richest people in London spend their money on

From how much they spend on properties, to their annual budget on personal grooming and cosmetic surgery.

Global wealth study reveals ‘shockingly’ high levels of economic inequality

The trend is only expected to continue.

How the Rich Invest: Mineral Resources' Chris Ellison has made $200m this year

Ellison turns up on the top 20 shareholder list of Mark Bouris' investment and wealth management firm

Hong Kong’s ultra rich sees growth in population, assets

China was ranked second after the US in the number of ultra high net worth individuals

David Abner: Switzerland is a Key Part of Our Growth Plans

They’re seeing a drag on active manager performance when compared to passive strategies and that’s reflected in recent outflow numbers.

The U.K. Lost 15% of its Millionaires Because of Brexit

Number of dollar millionaires drops as pound, stocks rattled

Nick Georgalis: Meet the richest Greek Australian under 40

The son of Greek migrants is raising the bar on a mission to reshape the future of Canberra

Morning Coffee: The richest people in finance are brilliantly eccentric. Key to enjoying a banking career

It’s easy to see why: in the 28 years that Renaissance has been in operation, its secretive Medallion Fund alone has produced about $55 billion in profit.

High-net-worth fraud: A real rarity?

The high-net-worth market is not immune to fraud. Insurers rely on data analysis and the work of specialist loss adjusters to investigate it while ensuring a smooth claims process.

The Rise and Fall of New Funds

Investors routinely pour cash into recently launched funds.

Goldman Sachs sees downside risks for emerging markets in 2017

Investors should brace for oil-related shocks in the short term

Confidence Has Returned To Investors in Wake of Trump’s Election

About 33% increased their cash holdings, and missed out on one of Wall Street’s most profitable rallies in years.

Europe's Affluent Investors Are Confident that they can Construct their own Portfolios

The end investors surveyed for Cerulli Associates' latest report, European Investor Segmentation 2016: Building Bridges with Clients, have high levels of confidence in their ability to construct their own portfolios.

How Britain is squeezing the rich

The NAO report reveals that the unit winkled an extra £416m of tax out of its well-off “customers” in 2015-2016 as a result of compliance investigations.

The 17 best cities to live in the world as voted by expats

One of the most extensive studies ever conducted to explore the general living situation of expatriates

Fitch: Investment Managers Could Face Performance Headwinds in 2017

From a financial metric perspective, Fitch-rated alternative IMs continue to exhibit strength, with average margins of 33.6%

Research