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Showing 31 - 40 of 50 results for "Millionaires"

Australian millionaire numbers surge on strong economy

MARK SMITH  |  THURSDAY, 20 JUN 2013
... to the 2013 World Wealth Report. The annual Capgemini and RBC Wealth Management report showed that the number of millionaires in Australia grew by 15.1% to 206,600 in 2013. The overall rate of growth for millionaires globally stood at 10%. Capgemini ...

Credit Suisse launches SIV portfolios

MARK SMITH  |  FRIDAY, 7 JUN 2013
... dollar and gold," Tan said. According to the estimate from the Credit Suisse Research Institute, the number of global millionaires could exceed 46 million by 2017, a rise of almost 17 million. In its 2012 Global Wealth Report, it said China could see ...

Australia leads in global median wealth

MARK STORY  |  FRIDAY, 12 OCT 2012
... 11%; however average wealth remains second only to Switzerland (US$468,186) Over the past year, the number of dollar millionaires in Australia, France, Germany, Italy and Sweden has diminished as a proportion of the global total, but has risen in the ...

BNY Mellon appoints head of intermediary distribution

LINDA HAUSKEN  |  TUESDAY, 9 OCT 2012
... Committee and BNY Mellon's APAC Operating Committee. "Asia has now surpassed both Europe and the US in the number of millionaires and we may see that gap widen further over the next decade in Asia's favour," said Alan Harden, chief executive at BNY Mellon's ...

Advisers urged to discuss structured giving

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
... here due to the entrepreneurial connection. A recent survey from Fidelity Investments in the US found that 86% of millionaires are self-made. As microfinance supports entrepreneurs in developing countries, their businesses in turn create employment ...

UHNW take $720bn hit in 2011

MELANIE TIMBRELL  |  WEDNESDAY, 20 JUN 2012
... are long-term investments," van den Biezenbos said. "UHNW individuals account for about 35% of the wealth of all millionaires, so as they were the big losers. They have had a huge impact on the overall wealth whereas the $1 million to $5 million bracket ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
... however the wealth has, due to those labour laws and taxation, accumulated at the top end." In terms of the world's millionaires, Credit Suisse maintained that Australians make up 4%, with 6% in the UK and 34% in the US. Asia Pacific has emerged as the ...

Wolf of Wall Street can't put a price on value

MATT WOODINGTON  |  TUESDAY, 2 AUG 2011
... don't think they can succeed, how do I drill into their head that they can succeed.'" While Belfort revels in making millionaires, he remains committed to his own fortune, using his sizeable contacts book to engineer resources deals in Africa, where ...

New mortgage platform to offer top commissions

ALEX DUNNIN  |  THURSDAY, 20 MAY 2010
... when an aggregation or franchise group is sold to another financial institution while the business owners become millionaires. We want to change that." Mitton said consolidation across the sector has seen many of Australia's leading mortgage broking ...

High Net Worth wealth tops $42tr