While frontier markets have yet to be recognized as emerging economies, these countries often are emerging rather than stagnating and can provide diversification for global portfolios. This report from Frontier Market Asset Management examines the current state, potential and challenges of frontier markets ranging from Estonia to Zimbabwe.
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Enviromental sustainability is shifting from an abstract philosophy to a mission for more corporations and private individuals. PricewaterhouseCoopers analyzes 57 industry sectors and 367 companies to identify leading companies and practices. The research points to a statistically significant correlation between corporate commitment to sustainability and positive financial performance.
A volatile financial market draws different responses from wealthy investors. While some increase their cash and property holdings, others switch financial advisors or become overly preoccupied with the performance of individual investments, which leads to over-trading. This report from Barclays Wealth explores how personality traits and cognitive biases can influence those decisions.
Adult children, who one day will manage a family's wealth, need to understand the values and investment strategies of older family members. This article from Northern Trust shows how a family's elder statesmen can pass on a family legacy of more than money to ensure continuity and financial security for future generations.
Training children about wealth and financial responsibility can start with teachable moments in everyday life. This article from Calibre offers suggestions for how wealthy families can use these moments, as well as allowances, to help children develop financial literacy and solid money values.
Integrating the EU and U.S. financial securities markets could reduce transaction costs in securities trading, increase annual transaction volumes and strengthen the European and U.S. positions in the international financial market. In this report, Deutsche Bank examines the progress of integration and suggests a pragmatic, principles-based approach.
Merrill Lynch and Capgemini's 12th Annual World Wealth Report is, as always, full of fresh insights and meaningful information. Some of the trends spotted include the growth of emerging economies, explosive market capitalization growth in emerging markets, a record wave of IPOs, a slowdown in mature economies, a shift to safer investments and an increase in green investing.
GenSpring reports that despite increased market volatility and instability on global markets, threats of inflation and recession, the age of affluence is upon us. It further argues that men play a central role in decision-making of most affluent families. Understanding their attitudes, views and practices may therefore help us to understand their future intentions with regard to their wealth.
BNY Mellon chronicles the rapid evolution of exchange-traded funds.
New breed philanthropists want their charitable activities to run with the same vigor as their business empires. This article from Credit Suisse gives several examples, including the Sainsbury retail dynasty's philanthropic model, which channels packages of support through specialized trusts.