High net worth individuals flock to Asia, Australia and US
Asian duo India and Sri Lanka made up the top five with an increase of 98% and 96%, respectively
High Net Worth
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Canadian firm bolsters alternatives offering for HNW investors
It hopes the two funds will meet ‘the unique investing needs of its wealth management clients’
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Are women climbing the high net worth ladder?
Experts disagree on what is stopping women from breaking the wealth barrier
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Winners and losers in 2018 global wealth market
WealthX’s high net worth handbook reveals some big changes within the wealth sector last year Click through the slides below to find out more
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India’s HNW population growing quickest in Asia Pacific
Capgemini report found the country had the fastest growth of wealthy individuals in 2016-2017
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Wealth managers falling short of Asian HNW expectations
High net worth investors want less complex fee structures and more personal connection
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UK lays out fresh welcome mat for international wealthy
Rich individuals looking to move to the UK are to be offered the chance to take part in a “revolutionary” streamlined immigration process.
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Bank of Asia targets high net worths from the Caribbean
The British Virgin Islands is now home to the Bank of Asia, a fully digital, cross-border bank looking to address the growing needs of offshore companies, individuals and high net worth individuals.
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Returns only a part of HNWI satisfaction
Wealth managers should go beyond a pure functional role and work more on the personal connection with high net worth clients, according to David Wilson, head of Asia wealth management at the consulting firm Capgemini.
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Macquarie clients with A$1.3m pushed out of private wealth
A cull of advisers and a shift in strategy have put clients of Australia’s Macquarie Group with less than A$1.3m (£724,000, $977,000, €829,000) of assets in limbo.
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One-size-fits-all will not meet high net worth expat demands
Wealth managers will have to offer tailored products to high net worth expats if they want to succeed in the fiercely competitive sector, with non-resident Indians (NRI) and Chinese lucrative target markets, according to data and analytics company GlobalData.
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Wealthy have growing appetite for private equity investment
A low return environment is fuelling appetite for private equity and real estate funds, according to research by BNP Paribas Wealth Management.