Real Estate Without Keys: Russia’s Wealthy Shift to Closed-End Property Funds
Personal Finance

Real Estate Without Keys: Russia’s Wealthy Shift to Closed-End Property Funds

Falling rates are reviving property investment, but wealthy Russians increasingly use closed-end real estate funds for s...

Shira Katz 👁 11 💬 0
CBA's Private Banking Push Targets Gen Z Australians Who Want to Invest but Don't
Companies

CBA's Private Banking Push Targets Gen Z Australians Who Want to Invest but Don't

CBA executive Susie Grehl is widening Commonwealth Private beyond high-net-worth clients after research found 70% of Aus...

Declan Byrne 👁 41 💬 0
Why Sales Isn't a Dirty Word for Financial Advisers
Companies

Why Sales Isn't a Dirty Word for Financial Advisers

Terry Blackburn says the post-RDR rejection of pushy selling has left advice firms without a disciplined sales process —...

Declan Byrne 👁 35 💬 0
Why Female Same-Sex Couples Are the 'Invisible Clients' in UK Wealth Management
News

Why Female Same-Sex Couples Are the 'Invisible Clients' in UK Wealth Management

With 258,000 same-sex households, financial advisers can no longer treat the traditional couple as the default. New anal...

👁 57 💬 0
MF Industry Warns UPI Transaction Fee Could Dent Margins and Hit Small Investors
Personal Finance

MF Industry Warns UPI Transaction Fee Could Dent Margins and Hit Small Investors

A proposed merchant discount rate on UPI transactions threatens to erode thin margins for online mutual fund distributor...

Shira Katz 👁 42 💬 0
China's New 20% Tax on Offshore Trusts Sends Wealthy Scrambling to Sell Assets
Politics

China's New 20% Tax on Offshore Trusts Sends Wealthy Scrambling to Sell Assets

Wealthy Chinese are rushing to assess and pay a new 20% tax on offshore trusts, with many planning to liquidate stocks a...

Sinead Brennan 👁 34 💬 0
France’s Tax Tightrope: Navigating the New Rules for Living Off Your Savings
Personal Finance

France’s Tax Tightrope: Navigating the New Rules for Living Off Your Savings

From the PFU flat tax to the CDHR levy and rising social charges, France’s tax framework for investment income is shifti...

Shira Katz 👁 25 💬 0
Sudden Wealth, Quick Loss: The Common Mistakes That Destroy Lottery Fortunes
Personal Finance

Sudden Wealth, Quick Loss: The Common Mistakes That Destroy Lottery Fortunes

Financial experts warn that without a plan, many lottery winners blow millions on impulse buys, scams, and poor investme...

Shira Katz 👁 31 💬 0
Five-Year Bank CDs at 1.60%: How Fixed-Income WMPs Are Offering Savers a Better Deal
Personal Finance

Five-Year Bank CDs at 1.60%: How Fixed-Income WMPs Are Offering Savers a Better Deal

State banks' five-year large CDs are back at 1.60% with limited online quotas. Fresh data shows over 90% of comparable R...

Shira Katz 👁 35 💬 0
SpaceX Created a New Class of Ultrawealthy—Here’s What Comes Next
Personal Finance

SpaceX Created a New Class of Ultrawealthy—Here’s What Comes Next

SpaceX’s IPO minted thousands of paper millionaires, but staggered lockups, tax traps and market swings mean the real we...

Shira Katz 👁 37 💬 0
Africa's Millionaire Boom Is Rewriting Wealth Management: Mobility, Succession and the Next Generation
Companies

Africa's Millionaire Boom Is Rewriting Wealth Management: Mobility, Succession and the Next Generation

Africa's 122,500 dollar millionaires are set to grow 65% in a decade — and younger, more mobile clients are forcing weal...

Declan Byrne 👁 30 💬 0
BTG Pactual Launches Ultrablue World Legend with IOF-Free International Spending
Companies

BTG Pactual Launches Ultrablue World Legend with IOF-Free International Spending

The Brazilian bank’s new super‑premium card demands R$3 million in assets and bundles travel insurance, unlimited lounge...

Declan Byrne 👁 39 💬 0
CaixaBank Reorganizes Wealth Management Unit, Names Juan Llamas Director
Companies

CaixaBank Reorganizes Wealth Management Unit, Names Juan Llamas Director

CaixaBank shuffles its wealth leadership as assets surpass €200bn, with veteran banker Juan Llamas taking the helm and t...

Declan Byrne 👁 32 💬 0
UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount
Companies

UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount

The Swiss bank's Q2 pre-tax profit jumped to $3.6bn, driven by massive cost savings from the Credit Suisse deal. Staffin...

Declan Byrne 👁 36 💬 0
Goldman Sachs Playbook Maps How Family Firms Can Beat the 12% Odds of Reaching the Third Generation
Companies

Goldman Sachs Playbook Maps How Family Firms Can Beat the 12% Odds of Reaching the Third Generation

Only 30% of family businesses pass successfully to the second generation, and barely 12% make it to the third. A Goldman...

Declan Byrne 👁 45 💬 0
UBS Unveils $3 Billion Share Buyback After Q2 Profit Surge, but Warns on Geopolitical Risks
Companies

UBS Unveils $3 Billion Share Buyback After Q2 Profit Surge, but Warns on Geopolitical Risks

UBS announced a $3bn share buyback after Q2 earnings beat estimates with a 17% net income jump, but warned of near-term ...

Declan Byrne 👁 40 💬 0
Wealthy Clients Suffer ‘Buyer’s Remorse’ as Private Banks Standardize Investment Models
Companies

Wealthy Clients Suffer ‘Buyer’s Remorse’ as Private Banks Standardize Investment Models

Rob Agnew of Isio’s Private Office argues that the drive to scale in private banking is alienating clients with £20mn–£5...

Declan Byrne 👁 40 💬 0
EQT Lifts Perpetual Bid to A$22.50 in Third Push This Month
Companies

EQT Lifts Perpetual Bid to A$22.50 in Third Push This Month

Swedish private equity giant EQT has raised its non-binding offer for Australia’s Perpetual to A$2.55 billion, a 19% pre...

Declan Byrne 👁 34 💬 0