Managers of Wealth

Moody’s downgrade piles on the post-Hayne pain for AMP

Moody's Investors Service said it had downgraded the insurance financial strength rating of AMP's life insurance business from A2 to A3

Top Women Wealth Mgmt Execs at Merrill, Wells and UBS

Within wirehouses, women financial advisors represent 15.2% of total headcount market.

Swiss Panic-Buy Toilet Paper and Gold

Daily volumes surged ten times over, he noted, without detailing numbers. With 12 branches in Germany and others in the U.K., Spain, and Switzerland, Degussa is Europe's largest gold dealer.

Remember 2009? The tunnel ends sooner than you think

The index had started falling at the end of October 2007 after the collapse of Northern Rock and Lehman Brothers and was to decline 38% peak to trough.

Things will get hard, but support is available.

The banks have also stepped in with a range of mechanisms from offering additional support to SMEs to payment holidays and no charges on credit cards for individuals.

Fairstone Hails Growing Client Base and Acquisition Performance

Collectively these firms account for combined gross fee income of circa £6m, FUM of £613m and a total of 35 advisers and 33 support staff.

Corona crash: SA loses a dollar billionaire, Rupert and Oppenheimer suffer

Mzansi's dollar billionaire club - including Johann Rupert and Nicky Oppenheimer - is now officially more exclusive, due to coronavirus' financial impact.

COVID-19: Philanthropy and charities

The nature of the impact of the virus will vary depending on a charity’s activities and location, but all will be stretched, in some cases, beyond capacity.

COVID-19 and cybersecurity

No single event to date has changed the technical threat landscape more than the consequences and impacts developing around COVID-19.

Investors: No rash decisions for now

NFB Private Wealth Management’s Stephen Katzenellenbogan discusses investments amid market volatility, Covid-19’s effects on retirees and more.

Budget 2020 – what does it mean for charities?

Those that have already paid their business rates for 2020-21 will be refunded but they may be required to apply to their local authority.

Millennials vs. Gen Xers: Fiduciary Asset Management Mutually Fruitful Solution to Family Wealth Planning

As these businesses are mature and already have economies of scale, there is an increasing need to organize and protect basic business assets and the personal wealth of families.

How startups fail to use the cloud to grow business, and how to change it

At a high level, that means carefully choosing which data to move to the cloud and establishing proper data governance around all the sensitive information you store there.

You Won't Believe How This Flight Attendant Retired a Millionaire

You'd never know by her lifestyle that she was rich.

Coronavirus and a roadmap for infected investing

With the data changing daily, the only things moving faster than the spread of coronavirus are the financial markets.

Global downturn will be a test for the robo-advice model

A COVID-19-induced crash of equities saw markets endure their worst day of the post-financial crisis era andthe FTSE 100 had £144 billion wiped off its value on 9th March 2020, giving it its biggest one-day fall since 2008.

Billie Jean King Joins UBS Initiative on Gender Equality

The goal that Billie Jean King will be working with UBS on is Gender Equality which they describe on their website as - 'Equal pay.

Fidelity Pulse Survey: China Best Placed To Lead Recovery From Covid-19 Virus

Fidelity’s analysts also expect the hit to earnings as a result of the virus outbreak to be shallower than other sectors.

BDO Private Bank’s CEO Spells out His Vision for Wealth Management’s Evolution in the Philippines

He met with Hubbis recently to offer some invaluable insights into the evolution of the industry in the country.

CS is considering SME Covid-19 loans reportedly worth billions

The story was originally reported in the Handelszeitung on Friday

Comment & Analysis