SS&C Advisor Insights survey, conducted in association with Horsesmouth, expressed that fundamental changes are happening and will continue once they reopen their offices to asset managers.
Fidelity Investments suggests a retirement savings rule of thumb for individual which calls for saving 1x your salary by age 30, 3x by 40, 6x by 50, 8x by 60 and 10x by age 67.
Perhaps this reflects the more sobering realities of the severe impacts the economic shutdown has had on global output and employment, and expected levels of bad debt and credit losses likely to accrue to existing bank balance sheets.
The crisis we are going through, and more particularly the widespread lockdown episode imposed on nearly half of humanity, has shown how much human activity weighs on our planet and the oceans in particular. On the occasion of World Oceans Day, on 8 June,
It appears that a significant number of actors (banks, independent managers and multi-family offices) currently lose money in all the various countries we cover in Europe, the US, Latin America and Asia.