28 August 2009
The Dow’s resurgence this year has convinced many wealthy US investors to reinvest their money in equities, but those rich households are still expressing some trepidation about the market’s health, a new report shows, according to Bank Investment Consultant. Spectrem’s latest “High Net Worth Advisor Insight” report found that 16 per cent of people with more than $500,000 investable assets were convinced to invest in equities when the Dow Jones Industrial Average index of blue-chip US stocks reached 9,000 in July . The report of greater investor confidence has been echoed by recent investment confidence barometers produced by groups such as Merrill Lynch, which shows global investment firms have reduced their cash holdings and are more bullish on the stock market.
5 August 2009
Spectrem Group's gauge reverses course after a precipitous slide in June. U . S.
16 July 2009
Hawaii holds on it its per capita lead; Virginia hops into a top-five spot. Given the extent of asset-value erosion, it can't come as a surprise that the number of U . S.
2 July 2009
Spectrem Group survey sees HNW investors diving back into bearish territory. In a reversal of a three-month improvement in sentiment, U . S.
9 June 2009
Celent's former wealth-management specialist to establish Novarica practice. Novarica, a research and advice division of management consultancy Novantas that focuses on the financial-service industry, has expanded its coverage to include the wealth-management space . To that end, it has hired Robert Ellis, formerly head of Celent's wealth-management practice.
4 June 2009
But is it really a sign of improvement, or an adjustment to new realities?. Investment sentiment among American millionaire improved dramatically in May, giving Spectrem Group's Millionaire Investor Index (SMII) its biggest single-month surge and pushing the gauge, which tracks investment sentiment among financial decision-makers in households with at least $1 million in investable assets, into "neutral" territory for the first time in over a year . The gauge rose 17 points last month to -2 -- its highest level since it stood at 8 in December 2007.
20 May 2009
Nearly half think nothing good'll come of White House measures taken so far. A strong minority of the heads of U . S.
7 May 2009
Spectrem Affluent and Millionaire indexes inching out of bearish territory. Affluent investor sentiment improved for the second straight month in April, according to Spectrem Group's Affluent Investor Index (SAII) . The gauge, which tracks market sentiment among financial decision-makers in U.
6 April 2009
IPI's private members gave up about half as much as the S&P 500 last year. A fat cushion of cash was the difference between weathering the capital-markets storm of 2008 or getting rather badly mauled, according to a recent survey of its private membership by the Institute for Private Investors (IPI), a New York-based education and networking resource for ultra-wealthy families . The 92 IPI members who responded to the survey reported average investment losses of 18.
2 April 2009
The market's mild recovery conjures (hazy) visions of economic improvement. After a sharp retreat in February, affluent investor confidence recovered last month, according to Spectrem Group's Affluent Investor Index (SAII) . The gauge, which tracks market sentiment among financial decision-makers in U.
News and Features
Comment and Analysis
The UK's Financial Conduct Authority has fined JP Morgan International Bank a total of £3.08 million (around $4.6 million) for systems and controls failings at its wealth management business.
23 May 2013
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
20 March 2013
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
4 April 2013
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
9 April 2013
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
8 April 2013
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
25 March 2013