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.
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.
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.
In a world teeming with investment options, the Arabian Peninsula, stands far above the rest regarding oil: the Middle East. With countries like Saudi Arabia, the UAE, and Kuwait holding some of the world's largest oil reserves, the potential for wealth generation here is extremely large. According to the Organization of the Petroleum Exporting Countries (OPEC), a significant player in the Persian Gulf and around the Mediterranean Sea, the Middle East controls nearly 48% of global oil reserves. The statistics have drawn the worldwide gaze of Ultra-High-Net-Worth Individuals (UHNWI) and High-Net-Worth Individuals (HNWI) worldwide.
Holiday decorations and Christmas trees, even the artificial ones, have the highest demand during the holiday season, so retailers usually mark up their prices. Thus, they can take advantage of desperate shoppers who are willing to pay a little extra to get into the holiday spirit.
Thunderstorms, droughts, and floods are becoming increasingly severe. One of the world’s leading reinsurers, publicly listed company Munich Re, expects that the insured natural disaster damage will exceed the mark of a hundred billion US dollars. The group warned about the consequences of man-made global warming 50 years ago. What causes climate change? This is the crucial question of today. There is another one for insurers: what are the consequences?
This summer was more successful for the air carrier Lufthansa than ever before. In the months of July to September 2023, the operating profit was almost 1.5 billion euros, which is 31% higher than a year ago, the group recently declared. The CEO of Lufthansa Carsten Spohr sees the company on track to increase this number to at least EUR 2.6 billion this year. At the same time, the offer of flights is still lower compared to the previous time.
The Würth Group is one of the world's leading companies in the research, production, and marketing of assembly and fastening materials. The Group operates worldwide and has more than 400 companies in 80 countries with more than 2,500 locations. The Würth Group has firmly established itself on the market by carrying out its main business, the manufacture of assembly and fastening materials. But let's look behind the facade: what makes the company what it is, and how has it managed to become one of the most successful in the world?
In the ever-evolving landscape of wealth management, technology has always played a pivotal role, but none is perhaps as game-changing as the emergence of Neuralink. Neuralink is at the forefront of the cognitive revolution and a new dawn where health and wealth merge to enhance human capabilities as ultra-high-net-worth individuals (UHNWIs) push the limits of what is possible. With a vision to meld mind and machine, Neuralink's advanced brain-machine interfaces (BMIs) propose an unprecedented leap into the future of wealth management, health optimisation, and legacy building for the world's most affluent.
Today’s European citizens can expect to live up to 30 years longer than they did a century ago. Thanks to advances in science and technology, the research-based pharmaceutical industry is entering an exciting new era in medicine development. One of the world´s leading countries here is Switzerland.
We think you might like
If you’re using Excel spreadsheets for wealth management, you may have wondered about the value of
a wealth management platform, and at what point it makes sense to investigate the options.
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.
In case you missed it
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.
