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Showing 11 - 20 of 82 results for "Wealth Report"

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Australia has moved up the ranks in the UBS Global Wealth Report, rising from third place to second in terms of median wealth per adult, sitting just below Luxembourg. In 2023 wealth growth across the world recovered from its 3% contraction the previous ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
The Capgemini Research Institute's World Wealth Report 2024, released today, shows high-net-worth individuals (HNWIs) and their wealth hit unprecedented levels in 2023, driven by a rebound in the global economic outlook. According to the report, global ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... trend over the next five years, reaching close to $979 trillion by 2027. The 14th edition of Credit Suisse's Global Wealth Report, now jointly launched with UBS, estimates the number of millionaires will reach 86 million by 2027, while the number of ...

Wealth management ecosystem at critical inflection point: Citi

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... escalating compliance costs, according to Citigroup research. Accordingly, the Citi Disruption and Transformation in Wealth report suggested a need for wealth managers to transform their business and operating models. "The wealth management industry ...

HNW wealth transfer still on the to-do list

CHLOE WALKER  |  SATURDAY, 15 JUL 2023
... transfer plan remains on the to-do list for Australia's wealthiest, according to LGT Crestone's latest State of Wealth report. The report, now in its fourth year, uncovered nearly two thirds of Australian high-net-worth (HNW) and ultra-high-net-worth ...

HNW population sees biggest decline in decade

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
... 2022, while the value of its wealth decreased by 3.6% to $124.3 trillion, according to Capgemini's latest World Wealth Report. This drop, stated by the report, is the steepest drop in 10 years (2013-2022), triggered by both geopolitical and macroeconomic ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
New research shows young investors are buying and holdings stocks more than their older counterparts, despite the current environment. During the quarter, ending March 31, younger investors were the highest adopters of a buy-and-hold strategy compared ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... year, with their collective wealth globally falling by 10% or $14.9 trillion, according to Knight Frank's 2023 Wealth Report. The report, now in its 17th edition, used findings from Knight Frank's data engineering team, and measured the size ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
Netwealth reported a mixed half year result with increased profits, a higher dividend but also higher expenses. The platform reported total revenue of $84.7 million, which was up 17.1% on the previous corresponding period. Netwealth said it had "strategically ...

Wealthy overlook digital experience

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
Wealthy investors tend to shun technology and prefer to keep track of their assets manually, according to Praemium. The survey, conducted with Investment Trends, suggests a minority of high-net-worth investors (11%) access an online digital portal and ...