UBS AG, Switzerland’s largest bank, retained its position as the largest wealth manager in Asia last year as it attracted more funds from the region’s growing number of millionaires.
Younger investors in all three wealth segments express less satisfaction in their advisor than older investors, many of whom have long-term relationships with their advisor. Among Mass Affluent investors (with a net
A survey by Swiss private bank Julius Baer of high net worth parents in Asia found that 59 per cent of rich families here expect their children to get as high as a bachelor's degree, close to those in Hong Kong (67 per cent).
Respondents have lost their appetite for Emerging Markets and European equities. Both current positioning and intentions for the next 12 months have turned negative or neutral. Instead, they have regained faith in the U.S. market and increased their prefe
Wealth-X today released a list showing the richest person in each of the US states, and 35 of the 50 individuals on the list are entrepreneurs who made their own fortunes, demonstrating the importance of hard work and entrepreneurship in attaining the &ld
Wealthy Spaniards and Greeks have felt the pinch from the economic crisis with the average ultra-high net worth individual in each country losing around a quarter of their wealth since 2007, according to new research.
Ecuador, Luxembourg, and Mexico emerge as clear winners while Greece, Saudi Arabia, and Kuwait fall behind.
MillionaireMatch.com, the world's largest and longest-established dating site, has launched a new feature, called simply "The Luxury Guide"
The UK’s financial services firms saw strong growth in business volumes in the three months to September, with profits rebounding and hiring on the up. That’s according to the 100th CBI/PwC survey of the sector.