Number of millionaire households in Britain reaches half a million – research 20/01/2015
There are now half a million high net worth individuals in Britain, according to research by Coredata.
Wealthiest one percent to own more wealth than the rest by 2016, says charity 19/01/2015
The wealthy are set to increase the percentage of total wealth they own, according to a report from charity Oxfam which predicts the combined wealth of the richest one percent will overtake that of the other 99 percent of people next year.
Asset managers hoping for return to growth in 2015 - CBI/ PwC Financial Services Survey 19/01/2015
Asset managers ended 2014 with no improvement in optimism, but the sector expects growth in 2015, according to the 101st CBI/PwC Financial Services Survey.
Less than half of wealthy investors employ wealth management services, US study finds 08/01/2015
According to the latest study by Spectrem, a US-based financial research provider, just 43 percent of ultra high net worth (UHNW) investors – those with a net worth between $5 million and $25 million – employ wealth management services despite almost all of them (93 percent) understanding what the services involve.
Barclays Stockbrokers investors expect positive results from FTSE 100 in 2015 23/12/2014
Investors at Barclays Stockbrokers are optimistic that the FTSE 100 will perform strongly in 2015, with 28 percent predicting it will rise to over 7001 on the final day of next year, above the highest ever level recorded in 1999.
UK leads Europe for entrepreneurship—SG Hambros study 22/12/2014
Investment managers fear regulatory changes will increase costs, study finds 15/12/2014
Asset managers, pension funds, banks and insurers expect to be spending more on tax and regulatory-related change in 2015 and for some years beyond, according to a new poll by BNY Mellon, a global leader in investment management and investment services.
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.
VCTs investments expected to attract over £475 million this year, study shows 25/11/2014
Venture Capital Trust (VCT) investments can expect to see a spike in popularity this tax year, with IFAs predicting the sector will attract over £475 million, up from £435.8 million the previous year.