03/22/2015
What the rise of luxury toilet paper says about the economy
America has a new favorite way to flush money down the drain: luxury toilet paper.
Research
03/22/2015
How Millennials today compare with their grandparents 50 years ago
The past five decades – spanning from the time when the Silent generation (today, mostly in their 70s and 80s) was entering adulthood to the adulthood of today’s Millennials – have seen large shifts in U.S. society and culture.
03/20/2015
Many rich people are DIY investors: Cerulli
Many high-net-worth investors use direct accounts to test their own investment ideas, provide liquidity, and even to shelter assets from their primary advisors
03/20/2015
Hedge Fund Industry “Blind Spots” Persist
While 96% of investors indicate independent verification of cash processing is extremely or somewhat important
03/20/2015
Africa to mint millionaires faster than rest of world over the next 10 years
Number of Ethiopians who earn more than $30m a year to double to 2,600 by 2024
03/19/2015
Lifestyle and increased disposable income set to drive global real estate investment among UAE's wealthy
New research highlights drivers of demand and impact of global economics on property markets
03/19/2015
What Affluent Investors Know About Wealth Management
Whatever “wealth management services’’ might mean to a wealthy investor, most of them believe they know what they are but less than half of them actually receive those services.
03/19/2015
Ultra High Net Worth Investment Trends
Ultra High Net Worth investors put great stock in their financial knowledge and investment acumen.
03/18/2015
Gold price set to soar in 'Asian century'
The liberalisation of Asia's financial system and the growing wealth of its populations are expected to boost demand for gold and push the price of the key commodity over $US2400 an ounce by 2030
03/17/2015
GCC significant repository of capital
The UAE’s share of the GCC’s wealth has increased from 24 percent to 30 percent from 2009 to 2013.
03/17/2015
Wealth intelligence company reveals richest F1 drivers
Schumacher’s wealth represents 43% of the combined net worth of all 10 men on the list, four of whom have retired from the sport.
03/17/2015
SA’s black millionaires coining it
South Africa continues to see a steep rise in the numbers of previously disadvantaged dollar-millionaires who now make up 31% of the country’s High-Net-Worth Individuals
03/17/2015
Only a Third of Investment Organizations Have Advanced Data Infrastructure in Place Despite - State Street
A new global survey commissioned by State Street of 400 senior executives at investment organizations reveals that while 81 percent view data and analytics as one of their top strategic priorities, only 37 percent have advanced data infrastructure, exper
03/17/2015
80% of banks to replace core systems “within five years”
Four out of five banks believe they will have to replace their core banking system in the next three to five years
03/16/2015
Let’s set the record straight on int’l accounts and banking
The findings revealed that 76 per cent of those surveyed believe people open bank accounts in Switzerland for “underhand reasons”, and just one in 10 consider it is done for “legitimate reasons
03/16/2015
Vontobel Asset Management named Best EUR Corporate Bond Manager in Germany by Morningstar
The fund research company Morningstar named the Vontobel Fund – EUR Corporate Bond Mid Yield – as the best product in the "Best EUR Corporate Bond Fund" category.
03/16/2015
Number of Millionaires in South Africa Climbs to 31%
The 31 percent of South Africa’s previously disadvantaged individuals remain beneficiaries of policies
03/16/2015
Report highlights wealth management opportunities but also shows small firms need to get organized to grow
The research, based on a survey of more than 900 advisors across the United States and Canada, further revealed that 62% of firms saw double-digit AUM growth in 2013, with a similar proportion estimating the same level of increase in 2014.
03/13/2015
Wealthy Chinese politicians: How 18 delegates in China are richer than the 561 lawmakers at the top of the US government combined
Using figures from the Hurun Report, released earlier this month, the paper reported how the combined net worth of Chinese delegates came in at $436.8 billion
03/13/2015
Apple Watch Tests China’s Luxury Market
China is one of nine countries Apple has picked for the release of its new Apple Watch next month