Search

It was a year ago that the woman who asked to be referred to as Xue Li entered the minefield, although she did not know it at the time. It [...]

Having worked in financial services for more than 21 years across Africa, I've noticed a growing interest from wealth management professionals seeking to diversify their client's investment portfolios and work [...]

'Africa is our home, we drive her growth,' says Mo Baluchi, Senior Business Development Manager at Standard Bank and Chair of the Channel Is, lands Wealth Management Association. Mo is [...]

Former U.S. Trust chief executive officer and president Frances Aldrich Sevilla-Sacasa believes that the global economic crisis will result in increased regulation. Sevilla-Sacasa also thinks that wealthy families will be investing in companies which are with their interests and will also participate in their charitable efforts. Forecasts for wealth management of affluent families after the crisis are examined further.

Celebrities such as Jason Priestley, Clint Eastwood, and Francis Ford Coppola have made investments in the hospitality industry. Investing in the hospitality industry has proved to be an excellent long-term investment and the venture also has a vanity aspect to it .

In recent years, there has emerged a separate body of methodology for management of the investments of large, separately-managed portfolios. The aggregate wealth of such portfolios has rapidly grown to [...]

The advantages of having rich and famous persons on the board of start-up ventures are discussed. Companies like Azure Wireless and Net Returns have reaped the benefits of having rich tycoons in their list of shareholders. The tricks of the trade related to private-equity investment are also discussed.

Rena Merchant, co-founder of Billabong surfwear empire, is the only one of the key people of the company who is not a member of Rich 200. She sold her 49% share in the company for $26.4 million in 1998. She has invested several million dollars in Kabi Golf Farm and is now knee deep into hospitality, tourism and leisure.

Private banking services are dealing with more investor frustration - and withdrawals - as the bear market lingers. The category is led by brokerages, banks, private banks, and fund companies.

A new breed of customers has emerged in the international private banking market. It is comprised of high-network individuals (HNWIs) with at least $1 million dollars of assets to invest, mostly in overseas markets. HNWIs all over the world are estimated to hold around $12 trillion of investable assets. Their behaviors and requirements vary from region to region. The main focus of investment is tax minimization for European HNWIs; liquidity for Latin American HNWIs; and prestige, diversification, and safety for Middle Eastern HNWIs. Private banks are particularly interested in overseas Chinese HNWIs because of their immense wealth.

Tips on how rich people can invest in emerging markets are presented. These investors have the option of investing in exchange traded funds as well as other investment products. More cautious investors may want to invest in American companies that have a large operation in these markets.

Sales of family compounds in the US are on the rise despite the effects of the subprime loans crisis. Demand is being fueled by people from 'generation X' millionaires and retiring baby boomers.

Wealthy individuals, with anywhere from $1 million to $100 million-plus to invest, are entering the hedge funds market at the behest of their private bankers, indicating a fundamental shift in investing priorities. The leading private banks are trying to position themselves as guides to the unregulated market of hedge funds, making hedge funds account for more than 40% of the investors' portfolio.

Formerly meant as a place for private retreat, the islands owned by the rich people are now being used as tourist spots, making the owners richer than ever before. This change in usage is evident from the trends in and around Australia. The features being offered by some of these islands have been enumerated.

Australian businessmen like realtor Vaughan Bullivant with assets of $72 million, technologists Lyndsey Cattermole, Peter Drany and others who failed to make into BRW Rich 200 have been discussed.

The rich and the superrich may have an easier life than the average Joe, but even for wealthy Floridians, today's investing environment is no piece of cake. Stocks posted an [...]

The investing habits of wealthy families are examined. Suggestions are offered to investment managers that will help them excercise prudent judgment in regard to investment in hedge funds, real estate, and private equity.

A description is presented of the business dealings of the entrepreneur and millionaire David Hains. The diversified investments made by the Hains family which have resulted in the maintenance of wealth are discussed.

Byline: Bryan R. Wilson Most people in the real estate industry would consider developing and selling in some of the nation's finest resort and retirement communities to be the pinnacle [...]

Byline: Barrett Sheridan The credit crisis has taken many barons of Wall Street (and their $10,000 suits) to the cleaners. Who, though, has suffered the biggest losses? One way to [...]

Neville Isaacson's initial foray into commercial real estate investing in the early 1980s nearly marked his last. An immigrant from South Africa, Isaacson used his $25,000 of equity capital to [...]

Banks need to offer a full array of products, including hedge funds and international products, to compete for wealthy clients, a U.S. Trust Corp. executive said. According an annual survey [...]

A study by from Core Data Research states that mass affluent clients are ready to move AGBP500bn in pension assets due to dissatisfaction with the pensions industry, with Sipps being [...]

Bankers have moved in recent years to offer investment customers broader product menus to establish their trustworthiness as unbiased providers of answers to clients' financial needs. But experts say product [...]

Health savings accounts have gained ground as a supplement to health insurance, but bankers say account holders increasingly want to invest their balances in mutual funds. Meanwhile, in vying to [...]

Advisers need to develop an array of wealth management tools in order to gather share from a pool of high-net-worth investors that is not growing as quickly as a year [...]

Banks will not gain a lot of assets as the mass affluent put more money into their retirement savings and stock portfolios, a survey concludes. Phoenix Affluent Marketing Service, of [...]

Millionaire investors' confidence rose for a fourth consecutive month in February to reach its highest level since spring 2004, according to a Spectrem Group index. The Chicago research firm said [...]

It's a nice problem to have, but it's still a problem. The growing diversity of investments made by ultra-rich clients of private banks and top brokerages leave these Daddy Warbucks [...]

Concern about the national economy's prospects led to a sharp decline in confidence among affluent investors during the third quarter, according to a survey scheduled for release today. McDonald Financial [...]