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 …
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 …
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 …
The future of digital investment is hybrid advice
Investors are attracted to the price convenience of digital solutions; however, the lack of physical contact and support in times of market volatility is a …
The bull is running out of steam – time to panic?
The Dow Jones recorded its largest one-day point drop in history on February 5, 2018, leaving investors spooked. Wealth managers must reach out to their …
Regtech will reduce wealth management compliance budgets
Wealth managers will again find themselves dedicating much of 2018 to adopting new compliance requirements. With this comes associated increases in operating costs. However, regtech …
MiFID II: hard UK deadline unlikely, despite Miller-induced hubris
Less than one month after the launch of MiFID II, investment manager Gina Miller has announced her plans to sue the Financial Conduct Authority (FCA) …
HNW demand for digital is on the rise, but human advisers are here to stay
Although the average robo-adviser client is a small investor, digital access to investments is also essential for the wealthiest. Demand for digital and automation will …