Two-thirds of young adults in the UK are counting on inheriting wealth August 2, 2021 More than two thirds (65 per cent) of under-45s in the UK expect to receive an inheritance gift of wealth from family or friends to fund their financial goals and get on the property ladder, according to new research. Millennial and Gen Z adults are increasingly relying on the transition of wealth between generations to [...]
`Your network is your net worth´: seven tips to propel your career July 27, 2021 | City Talk My thought leadership speaking tours to the Middle East and Europe were postponed. To convince the organizers to host their events online, I went on a shopping spree and bought all kinds of audio and video equipment just before the first lockdown in Singapore. It wasn’t just me. Everyone, from students to senior professionals, needed [...]
Charles Stanley revenues on the rise at £46m July 12, 2021 Investment management firm Charles Stanley (CAY) saw revenue, total funds under management and administration grow in the first quarter. The wealth-management services group said total funds under management and administration increased by almost 6 per cent to £27bn as of June 30, from £25.6bn at March 31. Total revenue for the quarter was up by 8 [...]
Soaring house prices and stock markets push wealth per adult to record £57,598 June 22, 2021 Despite the pandemic impact on economies around the world, global household wealth hit a new record last year, primarily due to soaring house prices and rebounding stock markets. The latest global wealth report by investment giant Credit Suisse showed today that wealth per adult rose 6 per cent last year, to hit a record £57,598. [...]
Canaccord Genuity UK records £30bn assets under management for the first time June 2, 2021 Assets under management (AUM) at Canaccord Genuity has topped £30bn for the first time after a year of growth at the business. At 31 March 2021, the wealth manager in the UK and Europe had client assets of £30.2bn, an increase of a third from £22.7bn at the end of the 2020 financial year, and [...]