10/14/2015
Credit Suisse cuts world wealth outlook
Private wealth will expand at a weaker pace through 2020 than previously forecast because the global economy isn’t advancing as quickly as expected, according to Credit Suisse Group AG.
Research
10/14/2015
Top 1 percent own more than half of world’s wealth
The richest 10 percent owned 87.7 percent of the world’s wealth, leaving 12.3 percent for the bottom 90 percent of the population.
10/14/2015
Krawcheck Laments $13 Trillion Retirement Gap as Women's Crisis
Employers can help alleviate that shortfall by working to counter the gender-pay gap
10/14/2015
Returns on investments by firms that advise Asia-Pacific’s ultra-rich fall 1.3 percentage points: report
Drop in value of assets in 2014 compared with 2013 leads to more cautious investment strategies in region this year following slowdown in value of stocks and shares
10/14/2015
How Asia’s Super Rich Grow Their Wealth
Asia’s family offices are investing more in less liquid assets like private equity, real estate and hedge funds
10/14/2015
Summit Trails Adds $1 Billion Team From Barclays
They are truly one of the premier wealth management teams in the New York market,” Petersen said in a statement.
10/13/2015
Fail to Plan, Plan to Fail
However, where the agreement of promoters outstrips that of neutrals, aspects of the financial plan that can drive future referrals are revealed.
10/13/2015
Revealed: the 10 countries toughest on tax evaders
A tax information exchange agreement now covers 51 nations around the world, but some are chasing dodgers harder than others .
10/13/2015
When clients tell bankers to quit their jobs for family offices
While the sector in Asia is now dominated by multi-family offices, experts say future growth will be fuelled by single-family offices set up by billionaires to serve just the needs of their families and/or close business associates.
10/12/2015
Champagne overtakes Burgundy as the third most traded fine wine
Italy maintains second spot behind Bordeaux, Liv-ex says
10/12/2015
Private sector growth dips for first time in 6 months
BUSINESS activity contracted across the board in Scotland last month – the first private sector decline in six months – amid more downbeat wider UK economic data recently, a report out today reveals.
10/12/2015
New City Initiative warns regulation is destroying competition
The CRS will begin collection of data in 2016 and information exchange in 2017.
10/09/2015
Forbes: Sy, Zobel, Aboitiz families among Asia’s richest
The three families are also behind the biggest conglomerates in the Philippines.
10/09/2015
Asia’s Wealthy Warm to Private Bankers’ Advice
A growing number of Credit Suisse clients allow the bank to take a greater role in managing family assets.
10/08/2015
New research shows that the world’s millionaires love South Africa’s luxury hotels
When international millionaires come to Africa, according to the ratings, they prefer La Mamounia, a hotel in Morocco which took first place in the list.
10/08/2015
3 Indian names in Forbes' top Asia's richest families list
Indians hold 14 of the 50 spots, the most from any jurisdiction.
10/08/2015
The Most Insanely Expensive Mansion in the U.S. Market
The lowest price on the list is basically a humble, five-bedroom mansion, that costs around $100 million in Dallas.
10/07/2015
Boom in financial assets continues, according to Allianz Global Wealth Report
Global gross financial assets of private households grew by 7.1% in 2014; thus the robust growth witnessed in previous years continued, albeit at a slightly slower pace.
10/07/2015
Singapore leads region in per capita financial assets: Allianz
Strongest growth was in life and pension assets, which make up almost half of all assets, says report
10/07/2015
When investment bankers and private bankers just don’t get along
It’s an increasingly common scenario, particular in Asia where private clients tend to be entrepreneurs with expanding businesses that could require help with listings or acquisitions.