Eighty-seven percent of wealthy investors in a survey had advisors, but only 16% discussed wealth planning, U.S. Trust found.
According to Mercer’s 24th annual Cost of Living Survey, factors like instability of housing markets, low inflation, and fluctuating prices for goods and services are impacting the cost of doing business in various cities around the world.
One of the biggest hurdles between interest and actual investment, according to both users and non-users of ESG products, was their perceived impact on investment performance.
Over the past decade, BlackRock and the elite asset management community beneted handsomely from central bank measures such as quantitative easing, with the rapid creation of money owing into listed equity markets.
And despite rebounding last Friday, the Dow Jones Industrial Average posted an eight-day losing streak through Thursday, the worst string of losses since the 1970s.