These are some of the key findings of a joint special report released today by Wealth-X, the world’s leading UHNW intelligence and prospecting firm, and Arton Capital, the global citizenships experts, at a Dubai forum on global citizenships.
"Despite the post-crisis damage to the reputations of many major investment banks, investors continue to turn to bank trusts for long-term multigenerational wealth strategies," comments Donnie Ethier, associate director at Cerulli.
Reinhart and Rogoff’s influential book, This Time is Different (2009), argues that financial crises over the past eight centuries have had similar causes and consequences across diverse societies.
According to a newly released report "Global Sukuk Report 1Q2014" by Kuwait Finance House Research Limited, the global sukuk market saw a modest volume of USD31.14bln in new sukuk issuances in 1Q2014.
Rather than fighting over those investors who have already engaged with a provider, Cerulli believes the real opportunity for providers to substantially increase their marketshare is to address those in the middle segment who are unsure of the value of ad
For the world economy, the overall assessment so far in 2014 is one of ‘steady as she goes’. Economic growth is firm, if unspectacular. Encouragingly, it is being helped by a pick-up in global trade and prospects on that front remain good.
The findings form part of a study commissioned by Pershing, which also found that 22% of a 1,000-strong sample of wealthy individuals are considering changing their adviser or wealth manager.