Managers of Wealth

The 2016 Schroders Global Investor Study

Unrealistic income expectations and short-term investing prominent amongst millennials

Wealth Management Needs ‘Uber’ Moment To Attract Millennials

“Many millennials will know more about their uber ride home last night than they will about many aspects of their financial affairs,”

London Now Has One Millionaire For Every 29 Inhabitants as Monaco Tops Millionaire Chart

The UK capital has climbed from sixth to fifth place in a ranking of the world's top cities per capita for people with net assets worth $1m or more, excluding the value of their main house.

Luxury marketers are in the happiness business

We need to shift our focus from the thing we are selling to the experiences that thing will deliver to the customer.

FORBES Global 2000 ranking

FORBES Global 2000 is a comprehensive annual ranking of the world’s largest public companies. The 2016 list features public companies from 63 countries that together account for $35 trillion in revenue, $2.4 trillion in profit, $162 trillion of asse

Cities With The Most Millionaires Per Capita

Tax havens Zurich and Geneva follow in second and third place.

Millennials May Not Be Rich, But Members-only Perks Ensure The Luxe Life

“Even though they were flying on a private plane, I needed the passport,” says Khan, 24.

Fund firms need talent shake-up in order to tap millennials

We are a much more diverse workforce than you would usually find in the asset management industry and much younger as well.

Americans’ Total Wealth Hits Record, According to Federal Reserve Report

Boost to wealth driven by increase in residential real-estate values around the U.S.

It’s not only rich South Africans who are leaving the country – young educated ones are too

It follows a report published by New World Wealth, which showed that white millionaire numbers have decreased dramatically in SA – from 36,600 in 2007, to 21,200 in 2015.

THE ROBO-ADVISING REPORT: Market forecasts, key growth drivers, and how automated asset management will change the advisory industry

BI Intelligence forecasts that robo-advisors will manage around 10% of total global assets under management (AUM) by 2020.

iCapital Network Study Finds Only One Third of RIAs Offer Private Equity Opportunities to Investors

RIAs identify biggest obstacles for offering private equity funds as lock-up periods, investment minimums and access to high quality funds

Leading Authority on China’s wealthy publishes ranking of China’s 100 Most Generous Philanthropists for 13th Year

Love in de City’ Hurun Philanthropy List 2016

Are Machines Catching Up with Human Advisors?

By some estimates such a top-down review can improve client returns by as much as 0.5% a year.

Affluent Millennials Seek Investment Advice and Insight into Alternatives

AMG Funds study finds opportunity to engage with and educate Millennial investors

UK bankers spend over €34 million a year to influence EU

The UK financial sector spends at least €34 million per year on lobbying in Brussels and employs more than 140 lobbyists to influence EU policy-making, according to a study published today by Corporate Europe Observatory.

As growth hits a speed bump, wealth managers seek to adapt: BCG

Unlike in recent years, the bulk of global wealth growth in 2015 was driven by the creation of new wealth

Growth in pay continues for financial executives, but war for talent may be on horizon

Survey from Grant Thornton and Financial Executives Research Foundation cautions industry that it will take more than pay to keep execs engaged

17 Most Powerful Women In Finance, Banking And Venture Capital 2016

One of the best antidotes to female economic disenfranchisement is hitting a critical mass of women at the top rungs of the global financial system.

Profits for asset management companies set to fall by a third

The consultancy warned that earnings have already begun to decline, after net flows to the European industry in the first quarter of 2016 fell to their lowest level since the “disaster” year of 2008.