We were interested in understanding whether the very young (and not just the milennials) had become more or less aware of the options to save, especially considering there are so many more options open to us digitally.
Along with financial returns, the super wealthy also want their investments to drive positive changes in the world, said Simon Smiles, chief investment officer for ultra-high net worth at UBS Wealth Management.
The latest edition of Offshore-i, an Appleby report that provides data and insight on merger and acquisition activity in the major offshore financial centres, focuses on transactions announced over the course of 2017.
The study also warns of a potential new gender gap in drawdown, with a range of factors including lack of advice, placing more women at risk of outliving their savings.
GMG, a financial services provider, launched a new model for wealth management, targeting independent asset managers and private bankers willing to leave their companies.
The survey, which is focused on identifying the world’s most liveable cities for expats is based on a broad array of regional and international indicators, covering more than 417 locations across the globe.
Increasingly a part of wealth managers’ portfolios, more ETFs are being issued than ever before, as firms try to cater for a rising number of clients who want access to low cost investing.
News weekly Der Spiegel and business newspaper Handelsblatt said the bank would tap Christian Sewing, 47, currently a deputy CEO and head of private banking, to take over in May from Cryan, who has been at the helm since 2015.
The report shows that firms across the sector are concerned about prospects for the UK economy over the coming year, in particular when compared to the outlook for other G7 nations, although on balance most firms expect the economy to remain resilient ove