Wealthy US investors gain confidence 04/12/2014 November was a month of both economic confidence and investment caution amongst affluent US investors, according to research by Spectrem Group. The firm’s monthly Affluent Investor Confidence Index (SAICI), gained one point in November, increasing it to six, while its Millionaire Investor Confidence Index (SMICI) gained 5 points and now stands at 13.
IFA business owners foresee lucrative future, Harrison Spence Study finds 28/11/2014 Independent financial advisers (IFAs) are optimistic about their futures, according to new research by financial services consultancy Harrison Spence, which found that three-quarters of IFAs expecting the value of their business to increase over the next five years, and a further 18 percent predicting it will be worth the same.
Harvard is top business school for billionaire alumni 18/11/2014 Harvard University’s business school has the highest number of billionaire alumni, a new report by Wealth-X has found. With 64 billionaire graduates, the University’s MBA program has produced nearly three times that of Stanford University, its closest competitor, which emerged in second place with 23.
Wealth managers increase investments at asset management boutiques - survey 17/11/2014 Boutique investing is becoming increasingly appealing according to a recent survey which found that just under half (41 percent) of wealth managers and multi-managers expect to increase their asset allocation to boutiques over the next 12 to 18 months. In comparison, only 23 percent expect to increase the percentage of their assets in passive funds.
Percentage of UK shares in ‘optimal' asset allocation continues to decline 14/11/2014 Following six months of research, Independence Wealth Management (IWM), a UK asset management company, has said that over the last decade (2004-2014) even a 25 percent allocation to UK shares has resulted in a performance which was lower than it could have been for the risk accepted.
Japan to exit deflationary past says Julius Baer Wealth Report 14/11/2014 Japan’s potential is “understated” and the country is now at a “pivotal juncture’”where both domestic and external influences have primed the economy for an exit from its deflationary past, which will have “profound implications for wealth creation going into the medium and longer term not only in Japan, but also the entire region”, according to Thomas R. Meier, its Asia Pacific region head, following the launch of its inaugural Wealth Report: Japan.