Managers of Wealth

Spooked investors swamp wealth managers with coronavirus calls - reports

Call volumes up more than 30%

How coronavirus could change our working lives (and the climate)

Coronavirus Daily Focus: Tools that can reduce business travel have long been available. The coronavirus is forcing us to use them, and the climate could benefit.

Indonesia’s wealthy population to grow 57% by 2024

A 2019 Forbes Indonesia report showed that the country’s 50 wealthiest individuals added USD5.6bn to their combined wealth to reach a record USD134.6bn, which was equivalent to 12% of the country’s GDP despite the economic slowdown.

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.

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