Controlling around a third of the world's wealth, women's total assets could be worth between $81 trillion and $93 trillion by 2023, according to a forecast by the Boston Consulting Group. After all, women make up half the population. They are largely responsible for their families’ financial decision-making and hold the majority of consumer spending power. The modern face of wealth is female.
In the fast changing world of wealth management, ultra-high-net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs) are increasingly embracing Business Intelligence (BI) as a critical tool in their financial armoury. As the financial landscape becomes more complex, the key to success for these individuals will be their ability to use BI tools and tactics effectively, rather than their money. Through informed, data-driven decision-making, this convergence of cutting-edge technology and financial knowledge offers a compelling avenue to not only secure, but also dramatically increase, their wealth.
In the rapidly evolving world of finance, ultra-high-net-worth and high-net-worth individuals are discovering a formidable ally in supercomputing, revolutionising how portfolios are managed and decisions are made.
Significant advancements in digital technology are driving an enormous shift in the wealth management industry. This transformation is altering the way wealth management services are delivered, with major implications for trusts and foundations.
Hong Kong, known as Asia's financial hub, is solidifying its claim as a destination for high net worth family offices. In 2023, the city launched the Hong Kong Academy for Wealth Legacy, an academy dedicated to nurturing financial talent and fostering collaboration between family offices and wealth management professionals. With the support of industry leaders and the government's commitment to attracting new family offices, Hong Kong is poised to manage the lion's share of Asia's wealth.
The world of asset management is at a crossroads. It is having problems and changes that have never been seen before, and they have gotten worse over the past few years. The response from the business has been quick changes and a lot of new ideas, but the future is still unclear. According to the updated EY 2021 Reframing Asset Management study for 2023, a change in strategy is necessary.
In Francis Scott Fitzgerald's timeless novel, The Great Gatsby, the themes of wealth and money take centre stage. Through the characters and their experiences, Fitzgerald offers valuable insights into the role of wealth in shaping people's lives and aspirations. In this article, we delve into the lessons that The Great Gatsby can teach us about wealth and money.
At a time when technology is changing quickly and the global economy is unclear, the wealth management industry is at a crossroads. According to a recent KPMG study, a sector of the economy that has traditionally catered to the wealthy is undergoing significant change.

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