Managers of Wealth

Sanlam’s Fourie: Why I’m happy to underperform when the market recovers

The manager of the Sanlam Global High Quality fund said he is not willing to compromise his long-term strategy for a short-term boost.

The Art Market Adjusts: Charitable donation incentives under the CARES Act

As the current situation continues to unfold, it seems increasingly likely that museums will be closed for that long or longer.

Comment: Tomorrow's world will be an industry shaped by ESG

More diverse role models with varying work arrangements will demand to see their image on the other side of the table.

Most practices can’t serve the wealthiest clients. Here’s what it takes

The co-founder of the UHNW Institute and consultant to wealth management firms, as well as private banks, trusts, single and multi-family offices, shared four principles of success for all firms.

Will COVID-19 Mark the End of Coworking as we Know it?

Once quarantines are over, many people will gladly return to the workplace – but will they still be willing to share amenities, and share space?

Why High-Net-Worth Families Need More Than Just A Bookkeeper

Whether it helps clients navigate a career change, mitigate family quarrels or negotiate a lease for a new business, a family office does far more than just pay the bills.

March market report: How the world has changed in a month

Official infection rates in the US and Europe have now overtaken China and containment efforts through social distancing and quarantines are in effect in all major countries.

IT teams: In the eye of the storm - the importance of remaining calm

When it comes to reassuring clients, we must first be able to demonstrate we are able to work remotely

Blackrock: «When We Exit This Crisis, the World Will Be Different»

This has allowed central banks and governments to act more effectively and swiftly, attributing the latter point to experience during the global financial crisis in 2008.

Fitch Revises Outlook to Stable and Affirms Leonteqs Investment Grade Rating

Fitch concludes that these have allowed Leonteq to establish a solid track record in generating fairly stable revenues and adequate underlying profitability.

The world's wealthiest people are losing billions in the coronavirus pandemic — except for Jeff Bezos, who has added $6 billion to his fortune in 2020 as Amazon sales surge

Amazon CEO Jeff Bezos is the only one of the world's five richest people that hasn't lost money in 2020, the Bloomberg Billionaires Index shows.

Large investors still say they aren’t ready to sell as coronavirus crisis continues

A Citi survey of insitutional clients showed that 80% wanted to commit more cash to equities.

The three phases of investing through a global pandemic - Jeremy Podger, Fidelity

New names have been added to the portfolio, including staples and healthcare companies, putting cash to work while maintaining a reasonably balanced profile.

The Coutts Guide to Getting Through Lockdown

But during this unprecedented period, we’re making available to all our clients – whether Silk cardholders or not

‘If we do it right, we'll only have to do it once’ – Bill Gates calls for a nationwide US shutdown

The US needs to have a total shutdown to stop COVID-19 spread, says Bill Gates.

Are family businesses better prepared to survive during economic turmoil?

The trend towards low spending is typically explained by the fact that the family is footing the bill of an expenditure.

After the Virus

After the virus the world is going to be quite different. Whether the current lockdown lasts weeks or months (heaven help us, years?) very little will remain unchanged by Covid-19.

Investment banking: a problem child for UBS and Credit Suisse

The unit is said to have earned around $ 120 million for the bank last year from trading speculative junk bonds, as Reuters wrote.

Coronavirus and the bottom line: Is wealth management ready for the worst?

Well-capitalized incumbents can press an advantage over smaller rivals with higher leverage, as tumbling interest rates and stock values hit the industry with a double whammy.

How SA’s dollar-billionaires saw their fortunes decimated in 2020

It's been a rough ride for all of South Africa's dollar-billionaires this month, with Patrice Motsepe especially affected. Here are the grisly details.

Comment & Analysis