Negative market and popular sentiments aside, the concentration of wealth in the hands of business, investment and entrepreneurial leaders is one of the principal engines driving philanthropic activities around the world.
Paul Allen's art collection, which may be worth more than $1 billion, spans centuries from antiquities to contemporary art.
Despite that, many are not adequately prioritizing the strategic planning and investment needed to identify, respond to and mitigate critical risks.
Given the lackluster potential for growth, traditional asset managers’ cheap valuations are unlikely to change soon, one analyst contends.
A UBS report looked at high net-worth investors with at least one per cent of liquid assets allocated to investments with environment, social and governance factors, and only 12 per cent of high net worth individuals in the US had some sustainable investm
The 18% increase in commercial real estate investment is being led by Asia, both as a source of capital and as an investment destination, with investment in Asia accounting for 52% of all activity and Asian buyers responsible for 45% of all cross-border i