High Net Worth
Investment | 19 May 16
Poor portfolio diversification top mistake by HNWIs: deVere
The mistake made most often by high net worth investors, prior to seeking financial advice, was failing to properly diversify their portfolios, according to an international poll by deVere Group.
Australia’s NAB restructures HNW business
The National Australia Bank Group, one of the country’s big four banks, has restructured its high net worth (HNW) business, which will see its private banking arm renamed NAB Private.
HNW client base from China increasing in Hong Kong, BEA says
Personal wealth is flowing out of China as domestic investors grow increasingly concerned over the markets and economic growth, according to Bank of East Asia.
Most HNWs to invest more in 2016, says deVere
Three-quarters of high-net-worth (HNW) individuals plan to increase contributions to their investment portfolios in the first half of 2016, according to a poll by the deVere Group.
Emerging Markets | 25 Jan 16
Griffon Capital launches Iran flagship fund
Iran-focused asset management and private equity group Griffon Capital has launched Cayman Island-domiciled Griffon Iran Flagship Fund to tap into Iran’s public equity market.