High Net Worth
Returns only a part of HNWI satisfaction
Wealth managers should go beyond a pure functional role and work more on the personal connection with high net worth clients, according to David Wilson, head of Asia wealth management at the consulting firm Capgemini.
Macquarie clients with A$1.3m pushed out of private wealth
A cull of advisers and a shift in strategy have put clients of Australia’s Macquarie Group with less than A$1.3m (£724,000, $977,000, €829,000) of assets in limbo.
One-size-fits-all will not meet high net worth expat demands
Wealth managers will have to offer tailored products to high net worth expats if they want to succeed in the fiercely competitive sector, with non-resident Indians (NRI) and Chinese lucrative target markets, according to data and analytics company GlobalData.
Alternatives | 13 Apr 18
Wealthy have growing appetite for private equity investment
A low return environment is fuelling appetite for private equity and real estate funds, according to research by BNP Paribas Wealth Management.
HMRC’s £50m plan targets tax dodging wealthy
Ten thousand wealthy individuals could be hit by offshore tax avoidance legislation proposed by HM Revenue & Customs, generating up to £50m a year in tax receipts.