Managers of Wealth

HNWs shunning professional advice: Research

Top reasons given by HNWs for not seeking advice were that they prefer to seek advice only when they need it (39%) and believe they can manage their own financial affairs.

Why Advanced Performance Reporting in Wealth Management is a Competitive Advantage

As a result, performance reporting in wealth management is a competitive advantage. Specifically, investment managers looking to stand out can do so with wealth management reporting software that delivers customization and also real-time data.

Chart of the week: Finding potential outperformance with macro hedge funds

Hedge funds have broadly outperformed global equities and bonds this year, driven mainly by the strong performance of macro strategy funds.

‘Incredibly disappointing’: Research finds rich Australians failing to donate to charity

Australia is lagging behind other first-world countries in one important area – and it turns out the wealthy are the guiltiest.

Forbes Announces Seventh Annual List Of America’s Top Wealth Advisors

Advisors complete in-depth surveys and then vetted and ranked by SHOOK research.

T. Rowe Price Finds Financial Stress Is a Predictor of Financial Wellness

Adoption of financial wellness programs can reduce stress, lead to better retirement outcomes

Deutsche Bank adopts measures to further reduce its energy consumption

This is equivalent to the average annual consumption of around 1,600 two-person households.

Morningstar, Inc. Reports Second-Quarter 2022 Financial Results

While these investments have contributed to higher operating expenses in the near term, they position Morningstar for continued growth and the increased scale that we expect will drive long-term profitability.

Best wine advisers for high-net-worth individuals in 2022

The wine advisers featured are included in the table below, along with their Spear’s ranking and focus.

Morningstar Downsizes Shenzhen Workforce

Several hundred jobs in the 1,000-strong Shenzhen tech hub will be affected with roles moved to other offices in Mumbai, Madrid, Toronto and Chicago.

Bain & Company expects the wealth management market to double in size, exceeding $500 billion in revenues by 2030

Realizing this potential will require reaching emerging customer groups, including the estimated 250 million Generation Y and Z customers with annual incomes over $100,000 by 2030

Vulnerable advice clients ‘slipping through the cracks’

Just 32% of advisers have put specific practices in place to help these customers

Wealth Of Thailand’s 50 Richest On Forbes List Falls To US$151 Billion

With the easing of Covid-19 restrictions, tourism, Thailand’s mainstay, is slowly picking up but is still a fraction of the 40 million visitors the country drew in 2019.

Research finds wealth managers face growing pressure from clients to advise on digital and crypto assets

More than three-quarters (78 per cent) of professional investors believe wealth managers will lose clients if they choose not to offer advice around crypto and digital assets or access to funds investing in them.

£300,000 gulf between HNW retirement dreams and reality

As many as 90% misjudged the level of income needed for later life

25% of UK advisers unaware of incoming Consumer Duty rules

Platform providers in demand to help deal with the changes

One in three wealth managers expect dramatic expansion over the next three years, Oxford Risk research shows

The forecasts of expansion build on the impact of the COVID-19 pandemic in terms of on the adoption of technology across the region with lockdowns and restrictions forcing companies to find new ways of working.

Gender Diversity and Dealmaking 2022: Research Results

Historic M&A activity from the second half of 2020 set the stage for the research

Global Art Market Disruption: Pushing the boundaries

In response to the worst public health crisis in more than a century, the industry adeptly embraced digitization.

Opaque macro signals call for trend strategies in multi asset

As detailed last week, economists and market observers continue to be surprised on the upside by recent macro data.