All articles by GlobalData Financial

The price of gold hits $3,000 amid rising global uncertainties, benefiting HNW ETF inflows

According to our HNW Asset Allocation Analytics 2024, only 2.4% of HNW onshore wealth is allocated to gold directly (or 18.9% of investors’ commodity portfolios).

Will Trump disruption or tax policy end up driving offshore flows?

Trump’s previous administration focused on major tax cuts.

2024 US Election: Wealth managers need to invest in their crypto asset offerings

The aggregate result of this election cycle, not least the US presidential contest, is bullish for the crypto industry in the US and by extension the world.

ESG will remain a key long-term wealth manager priority despite Trump re-election

The importance of ESG investing compared to achieving the highest possible returns has been declining since 2021 across both the US and the world.

Investor education is key to drive investment uptake in lower wealth bands in the UK

Is money the real culprit of climate change?

Financial services companies are under increasing pressure to recognise how their capital can promote sustainability but issues remain over consistent accounting methodologies and reporting metrics across the sector, writes Suneet Muru

Growing household wealth will spur revolution in India’s wealth management space

GlobalData predicts that household wealth increasing in India can only be good for wealth management.

Talent retention is the top staffing concern for wealth managers

Talent is hard to find in wealth management and even harder to keep.

Morgan Stanley’s generative AI-based virtual assistant will enhance the group’s operational efficiency

Morgan Stanley has launched AI @ Morgan Stanley Assistant, based on OpenAI’s ChatGPT technology.

Pessimism reigns across the wealth management industry

After a difficult 2022, wealth management profitability is on track to see further declines in all regions in 2023.