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Showing 71 - 80 of 270 results for "HNW"

HNW population sees biggest decline in decade

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
The global high-net-worth (HNW) population dropped by 3.3% to 21.7 million in 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 ...

MA Financial establishes Singapore office

CHLOE WALKER  |  FRIDAY, 26 MAY 2023
... continent. "When we first set up our asset management business, we saw that there was significant demand from high-net-worth (HNW) investors in Asia to diversify out of the region and into Australia," Martin explained. "In conjunction with that, it became ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... generation," Selfwealth explained. Solely focusing on millionaire portfolio holders, it said there are some stocks preferred by HNW boomers. "They have a few stocks that don't appear in the general baby boomer cohort," it said. "Led by Neuren Pharmaceutical ...

Soul Patts gives $200m to Pengana offering

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
... will be specifically tailored to different market segments, including advised and direct retail investors, high-net-worth (HNW) and family offices, it said. Pengana chief executive Russel Pillemer said that while opportunities in global private credit ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
Challenging markets saw most ultra-high-net-worth individuals' (UHNWI) wealth decline last 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 ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... 1H2023, and the quantum of outflows for the December quarter ($2 billion) where which proportionally above average due to some HNW and mid-market/institutional account holders partially withdrawing funds," Netwealth said.

HNWIs remain interested in digital assets: Report

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
Australian high-net-worth investors (HNWI) have continued to take an interest in digital assets this year despite market volatility, according to digital asset manager Matrixport's Private Wealth in Digital Assets Study. The study, commissioned ...

LGT Crestone brings VC offering to local HNWs

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
In partnering with StepStone Private Wealth, LGT Crestone is providing one of the first open-ended venture capital (VC) funds of its kind for Australian high-net-worth investors. The StepStone Private Venture and Growth Fund, known as SPRING, is already ...

MA Financial secures $70m for property fund

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
MA Financial has raised $70 million for its MA Allendale Square Fund. The Perth office tower gained interest from high-net-worth investors (HNWI) across the firm's domestic and international client bases. The financial services firm explained it was ...

HNWs recalibrate investment goals: Report

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
... Specifically, 37% changed at least 10% of their portfolio, compared to 41% in 2021 and a 50% record high in 2020. "Looking ahead, HNW investors have recalibrated their investment goals in line with a more subdued outlook for the next 12 months, and increasingly ...