12/24/2020
The digital wealth platform caters to the affluent or emerging high net worth segment, which has between $50,000 and $5 million to invest, and aims to bring personalized investment advice to them at a mass scale using artificial intelligence.
12/22/2020
According to data from the regulator, outstanding non-performing loans at Chinese commercial banks reached 2.8 trillion yuan ($430 billion) at the end of the third quarter, the highest since at least March 2009.
12/22/2020
RBC Wealth Management, which has C$1.1 trillion of assets under administration and C$836 billion of assets under management, has made Asia’s global families a focus of its growth efforts in the region.
12/18/2020
The institutionally-owned high-net-worth advice group has written to general advice clients recommending they commence self-directed investing, as its parent company pursues a strategy to target wealthier individuals.
12/17/2020
The so-called “reflation trade” is on, with many equity markets delivering close to, if not their best, monthly performance ever.
12/14/2020
With control of more than US$110 tn, the asset and wealth management (AWM) industry has the unparalleled influence to shape a better future for investors, shareholders, the economy and wider society.