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Showing 31 - 40 of 192 results for "Global Wealth"

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 ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... the region, as reported by sister publication Industry Moves, centralising insurance solutions, institutional, and global wealth in Singapore. "As a result of these changes, Aviva Investors will be exiting its domestic Australian retail fund distribution ...

Local Aviva Investors managing director to exit

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
... centralise distribution in its Singapore office around three key channels: insurance solutions, institutional and global wealth. "As a result of these changes, Aviva Investors will be exiting its domestic Australian fund distribution operation and realigning ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... rate of inflation. Despite representing just 21% of the global population, rich countries in the north own 69% of global wealth and are home to 74% of the world's billionaire wealth. The total wealth of Australian billionaires increased by 70.5% or US$120 ...

Allianz Retire+ names wealth management distribution chief

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... appointed Brendon Rodda to the role of chief distribution officer for wealth management. Rodda most recently oversaw the global wealth management distribution strategy at PIMCO as executive vice president. Allianz and PIMCO joined forces in 2018 to form ...

JPMAM partners with NZ wealth firm

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... investment banking, research, and wholesale broking services, has signed a Memorandum of Understanding (MOU) with the global wealth manager. The deal includes JPMAM offering CIP insights and thought leadership, which it said CIP can leverage for its ...

KKR rolls out alternatives education solution

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... a competitive differentiator. However, PwC and McKinsey found just 1.4% of the estimated US$192 trillion in the global wealth sector was allocated to alternatives in 2022. "The knowledge gap around the alternatives landscape has long served as a barrier ...

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... billionaires that accumulated wealth in the last year, did so through inheritance as opposed to entrepreneurship," UBS Global Wealth Management head of strategic clients Benjamin Cavalli said. "Engineering a smooth succession will require founders and ...

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
To navigate the year ahead, UBS Global Wealth Management's chief investment office (CIO) team believes investors should look to quality stocks and bonds for positive returns. Outlined in its recent Year Ahead 2024 report, the UBS CIO team said as interest ...

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... few years. So, there's a little bit of a jumpstart," he said. "While I am here and having conversations with global wealth advisers this week, there's a good understanding of what the power of alternatives could do. But also, an understanding ...