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Showing 81 - 90 of 283 results for "HNW"

HNW wealth transfer still on the to-do list

CHLOE WALKER  |  SATURDAY, 15 JUL 2023
... 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 (UHNW) individuals do not have a wealth transfer plan in place. However, the majority have intentions ...

Australia to see strong flow of HNWs

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... China, which is forecast to see about 13,500 HNWs leave this year. India, the UK, and Russia are also expected to see their HNW populations decline. Meanwhile, Australia ranked seventh in the world's 10 wealthiest countries at year-end 2022 by HNW population. ...

Pascoe Partners, OpenInvest launch online investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 14 JUN 2023
... appreciate the value of professional management of their SMSF's assets." The adult children of the firm's high-net-worth (HNW) client base had also expressed the need for a lower-cost entry point to the firm's wealth management expertise, Pascoe Partners ...

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 ...