Managers of Wealth

MAS panel discusses growth strategies for financial sector

These were among their recommendations at the inaugural FCAP meeting on Tuesday (Aug 25) which was chaired by MAS managing director Ravi Menon.

How many millionaires are living in London?

The number of millionaires living in London has risen by 48% since 2010.

"Affordable Luxury"--Millennial Travelers Looking for Substance over Style

Luxury hotels are getting a 21st century makeover. Or perhaps “redefinition” would be a more correct word.

How big of an effect will the market shake-up have on luxury?

However, if stocks continue to decline, it will likely cause consumer confidence to take a hit.

Multi-Family Offices Embrace Critical life Style Services

To a large degree, the very wealthy are gravitating to multi-family offices including multi-family office practices that are embedded in larger organizations such as accounting, law, and brokerage firms.

Which German Or Austrian University Has The Largest UHNW Alumni Population?

Alex Story, Wealth-X’s Head of Business Development, Germany and Austria commented: “With the summer holiday coming to an end, ambitious students will be interested to see which universities have provided, historically, the best platform for b

Coutts Index reveals classic cars as top performing passion investment during 2014

Classic cars rise 40% in 2014 and up nearly four fold since 2005

Pope’s Money Czar Says Church Risks Being Targeted on Finance

The next wave of attacks on the church could be for financial irregularities.

BNY Mellon's Pershing Study: Broker-Dealers Need to Rethink Their Strategies In Order To Attract and Retain Top Clients

To continue to foster that culture, broker-dealers need to regularly come together with advisors in a constructive dialogue

China's Wealthy Increasingly See Value of Full Family Office Offering

Family offices in the US and Europe began introducing these type of value-added services in the 1990s

SS&C GlobeOp Forward Redemption Indicator: August notifications 3.46%

“SS&C GlobeOp’s Forward Redemption Indicator of 3.46% for August 2015 reflects mainly seasonal influences in comparison to the 2.08% reported in July of 2015,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technolog

Report: Classic buyers cashing in pension fund

Legislation reforms lead to petrol-heads putting pension money into classic cars

World’s Biggest Wealth Fund Tackles New Era as Cash Flows Dry Up

A retrenchment could have a broad impact on investors across the globe

A Third of Finance Professionals Feel Pressured to Compromise Ethical Standards

26% agreed that those who report concerns about unethical behavior are seen as troublemakers by management

Assets managed in Singapore up 30% in 2014: MAS

Investors' expectations have evolved, and financial technology is a potential

Financial Advisors Bullish On U.S. Equities - Aberdeen Asset Management

Advisors are conflicted on how best to diversify client holdings to manage against a potential market downturn.

Smartphones and Wealthy Investors

Credit cards still feel safer than smartphones as a payment option to most wealthy investors.

A self-made millionaire who interviewed 1,200 wealthy people noticed one behaviour they all have in common

In this selfish quest to make themselves happy, they have an active mindset — they go after what they want and they problem solve until they achieve it.

Chinese HNWIs ‘next major investors in prime London property’

Harrods Estates has seen investors from Beijing, Shanghai, Hong Kong and Singapore, but it says mainland China is still largely untapped due to an initial focus on the domestic property markets.

Chinese private wealth to steadily climb, despite economic slowdown, survey suggests

The strong growth in private wealth is driven by relative high GDP growth, demographic dividend and accelerated development of the capital market

Research