In April 2018, Japan’s Nomura Asset Management announced it is investing in 8 Securities, a Hong Kong-based provider of robo-advice services. GlobalData Financial Services explains …
Escalating international tensions hit Russian HNWIs
As relations cool between Russia and the West, Head of WealthInsight, Oliver Williams, examines how Russian HNWIs are reacting. On 29th January, the US Treasury …
Denial won’t work: wealth managers need a cryptocurrency policy
Cryptocurrencies continue to both attract and repel investors in equal measure. While internet giants Google, Twitter, and Facebook have banned ads for cryptocurrencies and initial …
ATO’s crackdown on tax evasion is driving HNW demand for advice
The Australian Taxation Office’s (ATO’s) increased focus on Australia’s rich is driving already high demand for tax advice. In a market where only one third …
Wealth managers targeting expats in Australia should consider partnerships
Competition for expat clients in the Australian wealth market is fierce; providers that are able to on-board clients in a foreign country and assist them …
Firms not ready for fintech, say staff
Only a minority of those working for financial services providers believe their organisation is adequately prepared to meet the fintech challenge, according to a GlobalData …
Does spreading risks across multiple managers deliver?
After years of calm, volatility returned to global markets in 2018 with a bang. This HNW investors are expected to spread risks across multiple providers …
Unexplained Wealth Orders – a new pressure point for banks?
Anita Clifford, senior associate at barrister law firm, Bright Line Law, explains the impact Unexplained Wealth Orders (UWOs) will have on the banking sector and …
Raymond James looks beyond London for expansion
Investment services firm, Raymond James, has been actively growing its branch network across the UK. With half a dozen locations opened across the South in …
It’s time for IFAs to tackle Australia’s incumbents head on
Independent financial advisors (IFAs) should use the Australian Securities and Investments Commission’s (ASIC’s) verdict that banks are pushing their own products to their advantage, and …