The gaming industry has become a global phenomenon, captivating millions of people around the world. With advances in technology and the increasing popularity of online and mobile gaming, the industry has experienced exponential growth. In 2023, the market capitalisation of the largest gaming companies reached billions of dollars, solidifying their position as major players in the industry.
Rapid globalisation and a dynamic geopolitical landscape are leading to significant changes in crossborder migration patterns. The passports of France, Germany, Italy, Japan, Singapore, Spain tied for first place in this year’s Passport Index from leading residency and citizenship by investment advisory Henley & Partners.
Millennials and Gen Zers, born roughly between the early 1980s and mid-2010s, are not only the largest demographic groups but are also driving significant changes in consumer behaviour, work trends, and investment preferences. Here we explore the potential impact of these generations on the economy, delving into their characteristics, preferences, and the emerging trends that are shaping the financial world.
As the new year unfolds, the business landscape is poised for significant transformation. The upcoming megatrends of 2024 promise to redefine industries, reshape strategies, and create both challenges and opportunities for companies worldwide. Let's delve into the five most important ones to watch this year.
Twenty-two countries have endorsed the goal of tripling the world's nuclear power capacity by 2050 compared to the rate at which nuclear contributed to power generation in 2020. The signatories of the call at the 2023 United Nations Climate Change Conference in Dubai, more commonly known as COP28, underlined the key role of nuclear energy in the fight against climate change.
The demand for essential minerals has increased in a world moving towards green energy transitions. Key minerals, often termed critical minerals, include minerals like lithium, cobalt, and nickel, which are crucial technological components. They are used in batteries used in electric vehicles and renewable energy storage systems.
The next 10–20 years represent a momentous opportunity for the younger generation. Known as the "Great Wealth Transfer," a massive amount of financial wealth will be transferred from the Baby Boomer generation to Millennials and Gen Z, collectively known as Zennials. This intergenerational transfer will not only impact the economy but will also have a ripple effect on technology and culture.
More challenges for managers to navigate in markets and in their business models also mean new opportunities.
The J.D. Power 2023 U.S. Wealth Management Digital Experience StudySM found that both self-directed and full-service wealth management clients care more about digital access to services than ever. The quicker and easier this access, the more satisfied clients are.
The pharmaceutical industry in 2023 has been marked by significant advancements in medical research, coupled with ongoing challenges revolving around affordability, access, and sophisticated regulations. In 2024, the industry will face unique challenges and exciting opportunities. What are the pharma industry trends for 2024?
The bracelet, the clockwork, the whole design—everything must fit in a luxury watch. Since the 19th century, the luxurious wristwatch has been one of the most necessary pieces of equipment for wealthy people. Who's behind the famous brands?
Qatari investors have exhibited a particular affinity for a 55-km stretch of Sardinia's northeast coastline for over 60 years. This article introduces the backstory behind this unique resort area and what luxury travellers can find there today.
An increasing number of famous luxury brands are accepting payments in cryptocurrencies. This article provides an overview of which brands are jumping on the crypto bandwagon, their reasons for doing so, why some competitors might be hesitant to follow suit, and other sectors in which crypto payments are catching on.
Since 2015, environmental, social, and governance (ESG) criteria have gained increasing prominence as a framework for assessing businesses. In that year, the United Nations adopted both its 2030 Development Agenda Sustainable Development Goals (SDGs) and the Paris Climate Accords to formalise the organisation’s approach to advancing sustainability and urge global companies across all sectors to align with these objectives.
Excitement around cryptocurrencies has surged over recent years, sometimes dominating financial headlines and discussions. Where did it all start? This article aims to provide an overview of cryptocurrencies' history and what it may be saying about their future.
Gone are the days when a bottle of wine or a box of chocolates sufficed as a present for Christmas. During the holiday period, the battle for consumers’ attention in food and drink is much more intense. The study by market research company Mintel shows a slight decrease in food and drink gifting from 34% in 2021 to 33% in 2022 in the UK. According to Forbes, the results emphasise the importance of distinctive and engaging offerings.
Economic growth due to demographic changes is a unique opportunity for the demographic dividend. The population in the Middle East and North Africa region is expected to double in size within the next twenty years. With the right investments and opportunities, young people can build a stable future in their countries.
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As a wealth manager, do your clients take your advice entirely at face value? If not, they probably have good reasons. After all, they most likely became wealthy by thinking analytically. You should not expect them to stop that analysis just because you are providing the answers. Fortunately, their difficult questions can hold immense value for both you and them. A sophisticated digital wealth platform can help you extract and unlock that value.
In today’s increasingly digitalised financial landscape, all forward-thinking wealth professionals face a shared set of challenges in consolidating, analysing, and visualising data as they monitor investments. For family officers in particular, these challenges involve three specific challenges. Here we suggest how you can successfully address them.
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