Hong Kong HNW investors favour traditional assets in 2020
As private equity whisky fund begins capital raising in the Special Administrative Region
High Net Worth
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UK super wealthy lose £54bn to coronavirus
Wealth of richest individuals in decline for first time since financial crisis
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HSBC UK teams up with Fidelity for Sipp
To target 1.22 million qualifying customers
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60% of wealthy Asia clients snub succession planning
Three-in-10 see ‘no perceived need’ to put a strategy in place
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UK banking group opens Singapore wealth centre for HNWs
Office provides solutions to clients outside of their current market of residence
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New prime minister top financial worry for UK rich
Tax changes and deterioration in physical and mental health also big threats for high net worths
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Lack of ethical investments drives HNWIs away from values
But many are not aware of options as they still hold stocks in alcohol, tobacco and fossil fuel
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Chinese flocking to UK investor visas
As trade war sees highest number of applicants since 2014
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Hope for HNWIs caught up in double tax disputes
EU changes ‘will be warmly welcomed by high net worth individuals’
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Rich Americans more willing to invest
Market performance keeps them positive but politics and national debt cast shadows
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Tax concerns push high net worth Indians to look offshore
Wealth managers urged to rise to the occasion or lose clients to foreign providers
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US trade body unveils HNW academy training
Focus on emerging risks, proactive measures to prevent disasters and the art of exceptional customer service