Family businesses in China have higher sales growth compared to their global peers and are more focussed on digitalisation, according to a survey by PwC. …
Nedbank and Ecobank to expand wealth management in West Africa
Two pan-African banks Nedbank and Ecobank announced that they would form a partnership to provide asset and wealth management services across francophone West Africa. South …
Robo advice on the upward trend in US
American investors expect robo-advisory services to play an integral role in their investments, according to a report by brokerage firm Charles Schwab. Of the 1,000 …
UK and EU sign tentative Brexit deal on financial services: report
The UK has signed a tentative deal with the European Union (EU) to provide domestic financial service providers continued access to European market following Brexit, …
Assets of world’s largest fund managers increase to $93.8 trillion
Assets under management (AuM) of the world’s largest fund managers totalled $93.8 trillion in 2017, an increase of 15.6% compared to a year ago, according …
Billionaires’ wealth increases 19% to $8.9trn in 2017, led by Chinese super-rich
Global billionaires’ wealth registered its highest-ever growth in 2017, achieving a double digit growth of 19% to $8.9trn shared among 2,158 individuals, according to a …
Donor gap revealed as study finds wealthy women donate more than men
The 2018 U.S Trust study of High Net Worth Philanthropy examined the giving and volunteering practises of wealthy households in the US. The study found …
Global wealth surges to $317tn; US tops with $98tn
The Global Wealth Report by Credit Suisse Research Institute has revealed that total global wealth soared to $317tn during the 12 months to mid-2018, representing …
High earning females prefer face-to-face financial advice
High earning females prefer face-to-face financial advice much more than their male counterparts according to a recent report. Just under half of female high earners …
Monetary Authority of Singapore (MAS) modifies rules for digital advisory firms
The Monetary Authority Singapore (MAS) has released a series of guidelines that aim to facilitate operations of entities offering robo-advisory services in the country. The …